Crypto leaders meet at Trump's summit with strategic reserve in focus
Trump welcomed a wide range of industry players including Zach Witkoff, one of the founders of the president's own crypto business, World Liberty Financial, his social media posts showed.
In addition to top administration officials and lawmakers, guests in the White House's State Dining Room included MicroStrategy CEO Michael Saylor, Coinbase co-founder and CEO Brian Armstrong, investors Cameron and Tyler Winklevoss, and entrepreneur David Bailey.
A major focus of the event was Trump's goal to build a strategic reserve containing bitcoin, which he formalized in an executive order on Thursday that also said there would be a stockpile of other digital assets.
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View Details» That order directed the secretaries of Treasury and Commerce to develop «budget-neutral strategies» for acquiring additional bitcoin that have no «incremental costs» on taxpayers.
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