Polymarket only sees a 16% chance that Donald Trump orders the creation of a Bitcoin strategic reserve (BTC) in the first 100 days of its administration, despite the guarantees of Cripto Tsar David Sacks that there is an effort in progress To explore the idea.
“President Trump has asked us to study that issue, so we are not yet ready to comment. But it is one of the things that our working groups will see,” Sacks said in a recent appearance in Fox.
Senator Cynthia Lummis, a Wyoming Republican known for her friendly policy position with Bitcoin, has presented a bill that proposes the creation of a reserve, but this is a separate measure of the efforts of the White House.
The bill proposes to establish a “Bitcoin Purchase Program” of up to 200,000 BTC per year for a period of five years, and will partially be financed by revalrating the gold of the Federal Reserve, Coindesk previously reported. At this time, the bill is before the Banking, Housing and Urban Affairs Committee.
Among the supporters of such movement is Michael Saylor de Microstrategy (Mstr), who said the plan will protect the dollar.
“The best way to protect the dollar is to make sure the debt and become rich,” said Microstrategy executive (MSTR) during a November conference. “The next best way to protect the dollar is to make sure that someone once once considers a different capital asset that is not the Treasury bill, you are the owner.”
Meanwhile, the state of Texas recently said that it is working on its own strategic BTC reserve. Polymarket’s traigators are giving a 53% chance that a bill is the creation of said reserve in 2025.
