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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Tom Lee comments on the US encryption reserve policy: Bitcoin strategic reserves ensure America's leading position in future digital transformation.
On August 17, Tom Lee, the newly appointed chairman of BitMine's board, retweeted a post from U.S. Treasury Secretary Bessent regarding the U.S. Bitcoin strategic reserve, replying that establishing a strategic Bitcoin reserve is an important step that ensures the U.S. maintains its leading position in future digital transformation. In the retweeted post, Bessent stated: "Ultimately, Bitcoin that is confiscated for the federal government will form the basis of the strategic Bitcoin reserve established by President Trump in his executive order in March. Moreover, the Treasury is committed to exploring budget-neutral ways to acquire more Bitcoin to expand the reserve and fulfill the president's promise to make the U.S. a global Bitcoin superpower."