President-elect Donald Trump may announce the creation of a Bitcoin Strategic Reserve (BSR) on January 20, according to Fred Krueger, a PhD holder from Stanford University.

As Trump prepares to assume office for his second term as President of the United States, speculation regarding the potential establishment of a Bitcoin Strategic Reserve (BSR) has gained significant momentum.

Industry insiders and analysts are closely monitoring developments. For example, prominent crypto investor Fred Krueger predicts that an announcement about the BSR will occur on January 20, the day of Trump’s inauguration.

Fred Krueger’s Confident Predictions

Fred Krueger outlined why he believes the announcement of a Bitcoin reserve is imminent. He anticipates a significant number of executive orders on the first day of Trump’s presidency, suggesting that a BSR directive will likely be among them. 

According to Krueger, failing to include such an order could upset influential donors and create political challenges early in Trump’s term. He notes that with numerous executive orders expected, delaying this decision may not be a viable option for the incoming administration.

Krueger further highlights that a strategic Bitcoin reserve aligns with Trump’s broader priorities. He emphasizes that the volume and scale of the anticipated announcements create an environment conducive to unveiling such a policy.

Market Speculation for Bitcoin Reserve

Meanwhile, on prediction platform Polymarket, traders are actively debating the likelihood of Trump initiating a Bitcoin reserve policy within his first 100 days in office.

Current data suggests a 42% probability of this outcome, reflecting moderate confidence among market participants. This marks an 18% decline from previous levels, indicating a shift in sentiment.

Trading activity on the platform has been robust, with a total volume exceeding $2 million. This significant engagement underscores the high interest surrounding Trump’s potential crypto policies.

Broader Crypto Policy Developments

In addition to the potential Bitcoin reserve, Trump’s administration is planning to prioritize crypto as a strategic national sector. According to sources cited by Bloomberg, an executive order set to be issued after the inauguration will include the formation of a crypto advisory council. This council is expected to advocate for the industry and help shape regulatory frameworks.

The executive order may also formalize the U.S. government’s nearly $20 billion worth of Bitcoin holdings into a national reserve. Furthermore, the administration aims to create an “America-first” strategic reserve that prioritizes U.S.-developed cryptocurrencies like Solana, XRP, and USDC over foreign counterparts.