The U.S. government is preparing to unveil a national crypto strategic reserve, with Bitcoin expected to hold a unique status among digital assets. Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that the initiative is set to be officially announced on Friday.
“A Bitcoin strategic reserve is something the President’s interested in,” Lutnick said. “He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday.”
While Bitcoin is anticipated to be the centerpiece of the reserve, the treatment of other cryptocurrencies remains uncertain. Lutnick clarified that Bitcoin would be in a category of its own, while other digital assets would be handled differently. “Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently,” he explained.
The statement follows a recent post by President Donald Trump on Truth Social, where he declared that the U.S. would establish a “crypto reserve” including Bitcoin, Ethereum, XRP, Solana, and Cardano. He later elaborated that “obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the reserve.”
Reactions to the announcement have been mixed. Some industry leaders view it as a progressive step toward integrating digital assets into national financial strategy, while certain Bitcoin advocates have expressed skepticism.
The formal unveiling of the crypto strategic reserve will take place during the White House’s first crypto summit on Friday. The event will bring together key figures in the industry, including Coinbase CEO Brian Armstrong, Kraken CEO Arjun Sethi, MicroStrategy Chairman Michael Saylor, Multicoin Capital’s Kyle Samani, and Paradigm co-founder Matt Huang.
The summit will be chaired by David Sacks, who serves as the administration’s AI and Crypto Czar. Notably, this gathering will replace Trump’s initially planned “crypto council,” which was scrapped due to industry disagreements over regulatory priorities.
As anticipation builds, the upcoming announcement signals a significant shift in the U.S. government’s approach to cryptocurrency, reinforcing Bitcoin’s role as a cornerstone in the evolving financial landscape.
By Alejandro Silva Ramírez, Crypto Analyst & Columnist