President Donald Trump declared crypto “takes a lot of pressure off the dollar” during a speech at Miami’s America Business Forum on November 5, 2025, positioning the U.S. as “the bitcoin superpower” and “crypto capital of the world.” Speaking to thousands of attendees, Trump credited his executive orders with ending what he called the federal government’s “war on crypto,” contrasting his approach with the Biden administration’s enforcement-heavy stance, which he said left industry figures “under indictme ...

JUST IN: 🇺🇸 U.S. Senator Cynthia Lummis says a Strategic Bitcoin Reserve is the only solution to offset our national debtBitcoin Standard is coming to America 🟧 https://t.co/xYwhv0dnDn ...

Strategic Shift - Steak 'n Shake announces the creation of a Strategic Bitcoin Reserve (SBR) [1] - All payments received in Bitcoin will be placed in the SBR [1]

Bitcoin Strategy - Steak 'n Shake is creating a Strategic Bitcoin Reserve (SBR) [1] - All Bitcoin payments will be placed in the SBR [1] - Steak 'n Shake will donate 210 sats (satoshis) from every Bitcoin meal sold to Open Sats Initiative, Inc over the next 12 months [1]

Market Analysis - Gold is outperforming Bitcoin due to factors beyond tariffs [1] - China is strategically building gold-based financial infrastructure to challenge the US dollar's dominance [1] - Beijing injected 1 trillion yuan this year, intentionally devaluing it against gold [1] Bitcoin Challenges - Bitcoin experienced leverage liquidations due to tariff volatility [1] Proposed Solution - Advocate for funding the Strategic Bitcoin Reserve to enable BTC to compete as a leading form of hard currency [2]

Policy & Finance - Senator Cynthia Lummis suggests selling gold to establish a Strategic Bitcoin Reserve to alleviate the U_S_ national debt without increasing borrowing [1] - Owning 5% of the Bitcoin supply could potentially halve the U_S_ national debt in 20 years [1]

Bitcoin & Cryptocurrency - US government seized 127 thousand BTC in a "pig butchering" scheme crackdown [1] - Strategic Bitcoin Reserve implications are discussed, including restitution, seizures & policy impact [1] - The report explores the potential of Bitcoin as national power and strategic advantage [1] Global Finance & Geopolitics - China's gold accumulation spree is examined in relation to Bitcoin [1] - The discussion includes nation-state implications, focusing on China, ransomware & global threats [1] - Gold vs Bitcoin: The global reserve showdown is analyzed [1] Policy & Regulation - The Clarity Act and the regulatory landscape are discussed [1] - Politics, lobbying & industry response to Bitcoin are explored [1] - Future policy, elections, and what's next for Bitcoin are considered [1]

Market Trends & Industry Dynamics - Focus on the "debasement trade" involving gold and Bitcoin [1] - Discussion of China's gold accumulation strategy [1] - Analysis of the global regulatory landscape for Bitcoin, including the Clarity Act [1] Investment Opportunities & Potential Risks - Examination of a large-scale "pig butchering" scam and its impact [1] - US government seizure of 127,000 BTC related to the scam [1] - Strategic Bitcoin Reserve implications for restitution and seizures [1] - Nation-state implications of Bitcoin, including ransomware and global threats [1] Policy & Strategic Implications - Exploration of Bitcoin as national power and strategic advantage [1] - Discussion of future policy, elections, and the evolving landscape [1] - Game theory and strategic implications of Bitcoin reserves are considered [1]

Digital Asset Reserve Growth - US government's Strategic Bitcoin Reserve grew 64% overnight following the addition of assets from the Prince Group forfeiture [1] - The reserve's value is now equal to approximately 3.5% of US gold reserves by dollar value [1] Market Position - The US government now holds more Bitcoin than any entity except MicroStrategy [1]

Market Overview & Strategic Shift - US government seized $15 billion worth of Bitcoin, equivalent to 127,000 BTC, marking the Department of Justice's largest ever crypto seizure [1] - The US government now controls over 325,000 Bitcoin, worth over $36 billion at current prices, representing approximately 1.55% of Bitcoin's total supply [6][7] - US government policy has shifted from selling seized Bitcoin to maintaining it as a strategic reserve asset [8][10] Implications & Potential Scenarios - The US government's accumulation of Bitcoin could be a legitimizing event, treating Bitcoin like digital gold and creating a massive supply shock by removing 325,000 coins from liquid circulation [10][11][12] - There's a risk of centralization, as the US government now holds 1.55% of the total Bitcoin supply, potentially leading to a highly centralized system [13][14] - A future administration hostile to crypto could liquidate the $36 billion Bitcoin stash, potentially crashing the market [15] Recommendations & Considerations - Self-custody is essential, as assets held on exchanges can be seized [18] - Bitcoin should be re-evaluated in portfolios as a legitimate macro asset [19][20] - Geopolitics now play a significant role in Bitcoin's price, requiring attention to US policy changes [20]