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Trump Declares Bitcoin a Strategic Asset in Race Against China

  • Trump declared Bitcoin a strategic asset in the race against China, emphasizing its growth during his administration.
  • He highlighted the importance of U.S. action in preventing rival powers like China from dominating the digital finance sector.
  • Trump sees Bitcoin as a tool for innovation, employment, and bolstering the U.S. payments infrastructure without undermining the dollar.
  • He signed an executive order to establish a Strategic Bitcoin Reserve and supports the BITCOIN Act to acquire up to one million BTC over five years.

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