Trump: The government is considering purchasing a 'substantial amount' of Bitcoin, with the decision left to the SEC Chair. On August 19, after a meeting at the White House with executives from the crypto and traditional finance industries, Trump was asked whether the U.S. government would purchase a 'substantial amount' of Bitcoin and other cryptocurrencies. He responded that the matter had been 'discussed,' but the decision would be left to SEC Chair Paul Atkins and his team. Trump himself did not provide a specific plan or timeline. He also mentioned that cryptocurrencies 'ease the pressure on the dollar,' which is beneficial for the dollar. Attendees of the meeting included executives from Coinbase, Ripple, Robinhood, Kraken, Nasdaq, ICE, and other companies. Currently, the U.S. government holds approximately 328,000 Bitcoins, making it the largest sovereign holder globally. This reserve stems from the Strategic Bitcoin Reserve Executive Order signed by Trump in March 2025. Contrary to social media interpretations like 'Trump announces Bitcoin purchase,' his actual statement remains at the discussion stage, with no final decision made yet. https://(x.com)/SimplyBitcoin/status/2090164444311736589/video/1