President Trump made a big announcement! He's creating a secret stash of Bitcoin and other digital money called cryptocurrencies for the United States. Think of it like a national treasure chest, but instead of gold, it's filled with digital coins. This is a really new idea for a country to do.
- The U.S. government already owns about 200,000 Bitcoins, taken from criminals.
- They plan to add other cryptocurrencies like Ethereum, XRP, Solana, and Cardano to the stockpile.
- The government won't sell the Bitcoin, hoping its value will go up.
Fact | Details |
---|---|
Bitcoin Amount | ~200,000 (estimated) |
Other Cryptos | Ethereum, XRP, Solana, Cardano |
Goal | Store of value, like gold |
Bitcoin Price Effect | Initially dropped after the announcement. |