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Coinbase CEO Brian Armstrong has expressed strong support for the United States’ establishment of a Strategic Bitcoin Reserve, predicting that many G20 nations will follow suit. In a recent statement, Armstrong praised the Trump administration’s initiative, stating, “Incredible execution from the Trump administration and a historic moment for Bitcoin and crypto! I expect many of the G20 to take notice, and eventually follow America’s leadership.”
Armstrong has been a vocal advocate for governments holding Bitcoin as a strategic reserve. He has emphasized Bitcoin’s potential for growth, noting that it currently represents only 11% of gold’s market capitalization. Armstrong suggests that countries should begin by allocating at least 11% of their gold reserves to Bitcoin, eventually increasing their holdings as Bitcoin’s market cap grows.
The U.S. Strategic Bitcoin Reserve, established through an executive order by President Trump, aims to enhance the nation’s economic competitiveness by integrating digital assets into its financial strategy. The reserve will consist of cryptocurrencies, including Bitcoin, acquired through criminal or civil asset forfeiture proceedings, with plans to develop budget-neutral strategies for further acquisitions.
Industry leaders, including Armstrong, view this development as a significant step toward broader institutional adoption of digital assets. They anticipate that other G20 nations will observe the U.S. example and consider establishing their own strategic reserves to remain competitive in the evolving digital economy.
As the global financial landscape continues to evolve, the establishment of national Bitcoin reserves may become a pivotal strategy for countries aiming to secure their positions in the digital asset space.
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