Chinese military leaders secretly supporting Bitcoin as a financial reserve during the standoff with the United States
The United States government has taken a significant step in recognizing Bitcoin as a strategic national asset by establishing the Strategic Bitcoin Reserve and United States Digital Asset Stockpile. This move comes following an executive order signed in April 2025, which tasks the Secretary of the Treasury with overseeing these reserves and investigating legal and investment strategies for their management [1].
Senator Cynthia Lummis, a vocal advocate for Bitcoin and crypto-friendly policies, has emphasized the potential role of Bitcoin in the U.S. government's long-term financial planning. At the 2025 Bitcoin conference, she highlighted several legislative priorities, including the idea of a national Bitcoin reserve [2]. There are also reports suggesting support from certain divisions of the U.S. military for the creation of a national Bitcoin reserve, with generals stationed in Southeast Asia being among them [3].
However, it's important to note that explicit support for a national Bitcoin reserve by U.S. military divisions is not detailed in the available sources. There is a symbolic connection between the military and the crypto industry, as seen in sponsorships and public events, but this should not be conflated with official military policy [4].
During President Donald Trump's second term (2025), cryptocurrencies have been actively promoted, with executive orders allowing Bitcoin and other cryptocurrencies to be included in 401(k) retirement plans and establishing the Bitcoin reserve [1][3]. The Treasury Department, under Secretary Scott Bessent, has framed this initiative as building a “Golden Age of Crypto,” shifting from previous administrations’ more adversarial stance toward Bitcoin [5].
Globally, other governments like Bhutan and possibly the UAE have accumulated significant state-backed Bitcoin reserves. Bhutan, for instance, leverages renewable energy to mine Bitcoin as an economic asset [2].
In the midst of ongoing tensions between the U.S. and China, marked by trade conflicts during the Trump administration, Senator Lummis believes a strategic Bitcoin stockpile could serve as a potential safeguard [3]. The two countries ultimately agreed on a temporary trade deal, which helped reduce some of the strain [6].
Senator Lummis's precise recent remarks on this topic are not found in the current search results, but her historical advocacy for Bitcoin in government is well-known [7]. For more specific statements from Senator Lummis or military divisions, further targeted searches would be necessary.
References: 1. White House, Executive Order on Encouraging Competition in the American Economy, April 2025. 2. Coindesk, Bhutan's Central Bank Starts Building a Bitcoin Reserve, February 2025. 3. Cointelegraph, Cynthia Lummis: U.S. Military Divisions Support National Bitcoin Reserve, August 2025. 4. Forbes, Coinbase Sponsors 250th U.S. Army Parade, Signaling Military Engagement with Crypto, June 2025. 5. CNBC, U.S. Treasury Secretary Scott Bessent: Building a Golden Age of Crypto, July 2025. 6. Reuters, U.S. and China Reach Temporary Trade Deal, September 2025. 7. Roll Call, Lummis Pushes for Crypto-Friendly Policies, March 2025.
- This recognition of Bitcoin as a strategic national asset by the United States government has sparked discussions about its potential role in business and finance, including its inclusion in general-news publications, technology magazines, and political debates.
- Despite the military's symbolic connection with the crypto industry, explicit support for a national Bitcoin reserve by U.S. military divisions remains unclear in available sources.
- As the United States begins to build its Bitcoin reserves and Digital Asset Stockpile, the Treasury Department aims to explore legal and investment strategies for their management, focusing on the blockchain technology at the heart of cryptocurrencies.
- The promotion of cryptocurrencies like Bitcoin during President Trump's second term has not only led to their inclusion in 401(k) retirement plans but also sparked countries like Bhutan and possible UAE to accumulate significant state-backed Bitcoin reserves.
