Forbes: The Trump administration hopes to acquire as much Bitcoin as possible.

Odaily Planet Daily reported that $Trump issued an executive order demanding the establishment of a U.S. Bitcoin strategic reserve, but it failed to meet market expectations, leading to a near catastrophic drop in Bitcoin prices, which at one point fell to around $80,000 per Bitcoin. Reports indicate that Bo Hines, a digital asset policy advisor at the White House, told attendees at a closed-door roundtable hosted by the Bitcoin Policy Institute that the $Trump administration hopes to acquire as much Bitcoin as possible. A White House official added that any such acquisitions would be conducted "in a budget-neutral manner, without costing taxpayers a dime."

Attendees of this private meeting included U.S. Senators Cynthia Lummis, Bill Hagerty, Bernie Moreno, as well as Strategy founder Michael Saylor, Marathon Digital CEO Fred Thiel, and Anchorage Digital CEO Nathan McCauley. (Forbes)