- President Donald Trump's order to establish a sovereign wealth fund suggests the possibility of the US government purchasing Bitcoin.
- Senator Cynthia Lummis praised the move as "a great thing," showing a positive stance towards Bitcoin.
- Wayne Vaughan Thierion, CEO, claimed that the US will purchase Bitcoin, noting that related officials favor Bitcoin.
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With President Donald Trump signing an executive order to establish a sovereign wealth fund, there is speculation in the cryptocurrency industry that the US government might purchase Bitcoin (BTC) as part of implementing this order.
According to Cointelegraph on the 3rd (local time), Senator Cynthia Lummis reacted to the executive order for establishing a sovereign wealth fund by stating on X (Twitter), "This is a great thing." Senator Lummis is a prominent pro-cryptocurrency politician leading the introduction of legislation to strategically assetize Bitcoin.
Wayne Vaughan Thierion, CEO, also mentioned, "Both Howard Lutnick, the nominee for Secretary of Commerce to lead the establishment of the sovereign wealth fund, and Scott Besant, the Treasury Secretary, like Bitcoin," adding, "Therefore, the US will purchase Bitcoin."
Uk Jin
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