WikiBit 2026-02-08 22:00Key Insights: President Trump is reportedly taking advantage of the recent Bitcoin discount to acquire more for the US strategic reserve. US BTC reserve
The Community Bitcoin Reserve Act may pave the way for more states to create their own Bitcoin reserves. So far, more than 16 US states are contemplating going down the same road.
This approach would be much more decentralized than taking the Federal approach and may offer more independent control.
Moreover, the state governments would be able to convert their revenue surpluses into their Bitcoin reserves. It is also worth noting that these reserves will aim to hold their BTC for long-term periods.
Will US Strategic Bitcoin Reserve Really Take Off in 2026?
The US Bitcoin strategic reserve is once again gaining traction. This was not surprising considering that cryptocurrencies are now heavily discounted compared to levels seen last year.
These discounts offer a more attractive price point, especially for governments looking to build their crypto reserves efficiently. This may highlight why reports currently claim that President Trump might be looking to buy Bitcoin now that it is severely discounted.
Interestingly, prediction markets currently signal a rise in the probability that President Trump will create a national BTC reserve this year. According to Kalshi, that probability shrank considerably during the recent market downturn.
For context, the probability of a national BTC reserve before 2027 dropped to 19% on Kalshi on 5 February. It has since bounced back to 27% as the strategic reserve narrative regains traction.
Bitcoin Strategic Reserve Predictions | Source: Kalshi
Despite the slight uptick, the prospects of a national Bitcoin reserve remain low, indicating that it could take some time before the US finally pulls the trigger. If this happens, it could potentially trigger another crypto gold rush that may trigger massive demand for Bitcoin and possibly other cryptocurrencies.
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