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Trump’s Plan To Buy 500,000 Bitcoin Will Pass US Senate, Claims Scaramucci

Bitcoinist LogoBitcoinist3d ago

Trump’s Plan To Buy 500,000 Bitcoin Will Pass US Senate, Claims Scaramucci - Bitcoinist

Quick Summary:

Anthony Scaramucci, founder of SkyBridge Capital and author of the upcoming The Little Book of Bitcoin, has voiced his belief that a sizable government purchase of Bitcoin—potentially as much as 500,000 BTC—will advance through the US Senate.

Scaramucci’s stance extends beyond just holding BTC; he also believes that if China or other major economies move swiftly into Bitcoin reserves, the US could risk losing a strategic advantage.

He went on to name Ro Khanna (D-CA) as a Democrat he believes would likely support a strategic Bitcoin reserve.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-01 @ 09:00:17 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 768 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24802416

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 20 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #105

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