US President Donald Trump to unveil a Bitcoin reserve strategy at this week’s first Crypto Summit at the White House

US President Donald Trump is expected to unveil a Bitcoin reserve strategy at this week's first Crypto Summit at the White House.

The U.S. president is planning to unveil a Bitcoin reserve strategy at this week’s first Crypto Summit at the White House, Commerce Secretary Howard Lutnick has said.

During an interview with The Pavlovic Today, Lutnick explained that Trump will be rolling out the strategy on Friday.

“A Bitcoin strategic reserve is something the President’s interested in,” Lutnick stated. “He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday.

“So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently.”

On Sunday, Trump announced on Truth Social his thinking around a crypto strategic reserve, highlighting that it will “elevate this critical industry after years of corrupt attacks by the Biden Administration.”

Initially, he mentioned Cardano, Solana, and XRP, but later added that it would “obviously” include Bitcoin and Ethereum.

The White House Crypto Summit, chaired by David Sacks and Bo Hines, marks a significant step in Trump's mission to make America the “crypto capital of the world.”

Set to take place on Wednesday, March 7, it'll be an opportunity to discuss regulatory clarity and the economic opportunities in the crypto asset space, administration officials have said.

According to Fox Business journalist Eleanor Terrett, the Crypto Summit will host a small gathering of people. These include Robinhood co-founder and CEO Vlad Tenev, Arjun Sethi, Kraken’s CEO, Brian Armstrong, CEO of Coinbase, Gemini’s Cameron and Tyler Winklevoss, and Michael Saylor, executive chair of Strategy.

Members of the Presidential Working Group on Digital Assets will also be in attendance.

The arrival of the Crypto Summit follows the Executive Order Trump signed at the end of January for the crypto working group to provide regulatory clarity over crypto assets. The crypto working group was also directed to explore the potential of a national crypto stockpile.