Coinbase CEO Brian Armstrong Backs the Concept of a US Strategic Bitcoin Reserve

Coinbase CEO Proposes US Strategic Bitcoin Reserve

Coinbase CEO Brian Armstrong has proposed that the US government create a strategic reserve of Bitcoin (BTC) to boost the country's economic competitiveness.

In a blog post shared exclusively with Axios ahead of President Donald Trump's second inauguration, Armstrong outlined the initiative.

“As part of the broader conversation around the future of money and finance, I believe the US should consider holding Bitcoin as a strategic reserve,” he wrote.

The proposal marks Coinbase's first official stance on the concept, which has been gaining traction among some Trump administration officials and Republican lawmakers.

Betting markets appear to be showing growing confidence in the possibility of the initiative being implemented.

According to Kalshi, a US derivatives exchange, there is a 63% probability that Trump will create a Bitcoin reserve by 2026. Meanwhile, Polymarket users are betting on a 40% chance of its establishment within the first 100 days of his presidency.

Sources close to the matter have confirmed that Armstrong met with Trump twice privately to discuss cryptocurrency-related topics. While the details of the conversations remain undisclosed, Trump is said to have expressed strong interest in Armstrong's proposals.

Coinbase, which is valued at $73 billion, has been actively playing a role in shaping crypto policy discussions in Washington.

The company funds Fairshake, a political action committee network that aims to influence Congressional elections, and also supports Stand With Crypto, an advocacy group with over two million members.