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Trump Plans Saudi Trip for $1T Investment Deal, Launches Bitcoin Reserve
Trump to visit Saudi Arabia to seal a $1 trillion investment deal for the US economy. Meanwhile, he establishes a strategic Bitcoin reserve using government-seized crypto.
ND
by News Desk
2025-03-07
Trump Plans Saudi Trip for $1T Investment Deal, Launches Bitcoin Reserve

US President Donald Trump announced on Thursday that he will visit Saudi Arabia in the next six weeks to finalize a $1 trillion investment agreement that includes large-scale purchases of US military equipment.

At the same time, Trump signed an executive order to establish a strategic Bitcoin reserve, using cryptocurrency seized in criminal or civil asset forfeiture proceedings.

Trump’s First Overseas Visit to Seal Investment Deal

Speaking from the Oval Office, Trump recalled that his first foreign trip as president in 2017 was also to Riyadh, where he announced $350 billion in Saudi investments.

“This time, they’ve gotten richer, we’ve all gotten older,” Trump remarked. “At my request, they’re willing to invest $1 trillion over four years in American companies.”

Trump emphasized that this investment would strengthen US industries, job markets, and military ties with Saudi Arabia.

The Saudi government has also been actively involved in US foreign policy discussions, hosting an upcoming US-Ukraine meeting in Jeddah to discuss a ceasefire in the Russia-Ukraine war.

Strategic Bitcoin Reserve: A Digital Fort Knox?

In a separate major announcement, Trump signed an executive order to create a US strategic Bitcoin reserve, which will be capitalized using government-held confiscated crypto assets.

“The US will not sell any bitcoin deposited into the reserve. It will be kept as a store of value. The reserve is like a digital Fort Knox,” said David Sacks, White House crypto czar.

While details remain unclear, the reserve will also include four other cryptocurrencies:
✔ Bitcoin (BTC)
✔ Ethereum (ETH)
✔ XRP (XRP)
✔ Solana (SOL)
✔ Cardano (ADA)

The announcement led to market volatility, with Bitcoin prices dropping below $85,000 before stabilizing at $88,109.

Crypto Industry Reacts to Trump’s Plan

Despite the hype, some crypto investors were disappointed that the reserve would not involve active government purchases of Bitcoin.

“This is just a fancy title for Bitcoin holdings that already existed with the government. This is a pig in lipstick,” said Charles Edwards, founder of Capriole Investments.

Concerns Over Trump’s Crypto Ties

Trump’s move to support crypto-friendly policies comes after millions of dollars in campaign support from crypto investors. However, critics warn of potential conflicts of interest, as Trump’s family has launched cryptocurrency ventures, and he holds a stake in World Liberty Financial, a crypto platform.

Despite these concerns, the administration insists that the Bitcoin reserve is part of a broader strategy to position the US as a global leader in digital assets.

What’s Next?

With a high-stakes Saudi investment deal and a controversial Bitcoin reserve, Trump’s administration is setting the stage for major economic shifts. His upcoming visit to Riyadh could define the US-Saudi alliance for years to come, while the Bitcoin reserve could reshape America’s approach to cryptocurrency regulation.
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SaudiInvestment

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