Eric Trump's recent deletion of a tweet regarding discussions about an American Strategic Bitcoin Reserve has attracted attention and intrigue. The tweet, which referenced a meeting with US Senator Cynthia Lummis, was removed quickly without explanation. This action has led to speculation regarding the reasons behind the sudden deletion, potentially hinting at ongoing high-level deliberations or caution ahead of an official announcement.
The meeting follows Senator Lummis' previous introduction of The Bitcoin Act of 2024, aiming to establish a US strategic Bitcoin reserve. The proposed legislation suggests that the U.S. Treasury should acquire 1 million BTC over five years by reallocating existing resources. Further rumors surrounding the reserve have intensified following the pardon of Ross Ulbricht by President Trump.
Various political figures and crypto analysts have expressed optimism and interest in the potential strategic Bitcoin reserve. Prominent voices such as the Coinbase CEO and crypto analysts have speculated on President Trump's intentions, suggesting that establishing the reserve may be part of his administration's agenda, especially following recent promises fulfilled, like Ulbricht's pardon.
