President Trump is preparing to unveil a groundbreaking strategy for Bitcoin at the upcoming White House Crypto Summit this Friday, and it’s shaping up to be a game-changer for the future of digital assets. According to Commerce Secretary Howard Lutnick, Trump plans to announce the creation of a Bitcoin reserve, marking a bold move to make the United States the global leader in cryptocurrency regulation and blockchain innovation.

Lutnick shared that Trump sees a strategic Bitcoin reserve as a vital step in securing America’s financial future. “The President absolutely believes in a Bitcoin reserve,” Lutnick remarked, hinting that the plan for managing cryptocurrency assets will be revealed at the summit.

This first-ever White House Crypto Summit, set for Friday, will be led by influential figures David Sacks and Bo Hines. The event follows the signing of Executive Order 14178 early in Trump’s presidency, which laid the groundwork for advancing digital asset initiatives.

Trump himself gave a sneak peek of what’s to come through a post on Truth Social, stating, “A U.S. Crypto Reserve will elevate this crucial industry after years of corrupt attacks by the Biden Administration. That’s why my Executive Order on Digital Assets called for a Crypto Strategic Reserve, including XRP, SOL, and ADA. We’re making sure the U.S. will be the Crypto Capital of the World. We’re MAKING AMERICA GREAT AGAIN!”

Lutnick emphasized that Trump has long advocated for a Bitcoin reserve, a concept he discussed extensively during his campaign. “Bitcoin is one piece of the puzzle, but other cryptocurrencies will be handled a bit differently—positively, but differently,” Lutnick added.

The summit will focus on crucial topics like regulatory clarity, financial innovation, and the economic potential of digital assets, according to White House officials. This event promises to be a major milestone in America’s journey to dominate the cryptocurrency space.