DIGIVESTATION - The elected President of the United States, Donald Trump, attended the opening of a trading session at the New York Stock Exchange and outlined a strategic plan to strengthen the cryptocurrency industry in his country.

"We are going to do something extraordinary with crypto. We don't want to fall behind China or any other country, and we want to be the leader in this field," Trump said when responding to questions about his shift in perspective on the cryptocurrency industry, as reported by News.bitcoin.com on Saturday, January 4, 2025.

In an interview on CNBC's Mad Money, Trump also discussed the shift in his administration's approach, now supporting the development of cryptocurrencies, a stark contrast to previous policies. He likened the concept to the Strategic Petroleum Reserve.

"We will be at the forefront of AI technology, and for that, we require an immense energy supply," he added. The U.S. financial market's response to Trump's crypto policies has been notably positive. Bitcoin's value recently surpassed USD 100,000, a milestone driven by optimism about the government's pro-digital asset stance.

A key policy in this initiative is the establishment of a strategic Bitcoin reserve, utilizing approximately 200,000 BTC previously confiscated by the U.S. government. This move aims to strengthen the United States' position as a leader in the global cryptocurrency landscape.