More Articles | Free Reports | Premium Services Cryptocurrencies, including Bitcoin, are really taking it on the chin today. And given the general bearishness towards “Trump trades” and anything tech related right now, it’s entirely possible there’s more downside to come. But don’t let this take your eye off the ball. Once this little rough patch is over, I expect to see Bitcoin and most of the other cryptocurrencies go a lot higher. President Trump’s strategic national bitcoin reserve is finally happening. And It’s going to be even bigger and more ambitious than I predicted. Last December, I showed you why Bitcoin would go to $1 million under Trump 2.0. It boiled down to a trifecta of good news… -
Trump wanted to radically deregulating digital assets -
He had promised to put pro-crypto people in positions of power -
He wanted to build a national bitcoin strategic reserve The most important of the three was that last one. A strategic national bitcoin reserve is like our strategic gold reserve. The U.S. holds about 8,133.46 metric tons of gold in its reserve. At the current market price of about $2,950 per troy ounce, it’s worth roughly $771 billion. A strategic Bitcoin reserve does the same thing. It backs the dollar with a better store of value. And Trump has gone a step further… In a Truth Social post yesterday, he said the government will also be buying four other major cryptocurrencies: Ethereum, Ripple, Solana, and Cardano If you’re a paid-up Freeport Investor subscriber congratulations. We’ve had Bitcoin in the model portfolio since we launched in December 2023. It’s up 105% since my recommendation. And regular Freeport Navigator readers have had this trend on their radar months ahead of most investors. Today, we’ll look at why this is happening… where it’s going… and why my Bitcoin at $1 million prediction could end up being conservative… even though cryptos had a rough day today… | Recommended Link | | | | Louis Navellier, tech investor and market veteran, believes Trump’s presidency will drive a second AI boom. Get the top six stocks he recommends before they skyrocket. Get the Details Here. |  | | Bitcoin’s Price Ceiling Is Now Sky High Here at The Freeport Society, we believe in free markets, free minds, and free speech. So, Bitcoin is near and dear to us. We like it for the same reasons we like gold. Central banks can’t create bitcoins out of thin air. And their supply is strictly limited. But Bitcoin has a much higher price ceiling than gold. It started out in 2009 as a fringe asset only libertarians and computer nerds owned. Then Wall Street adopted it, creating ETFs and other mainstream financial products. Then Tesla, MicroStrategy, and other U.S. corporations added it as a reserve asset. Now, the governments are starting to own it. The closest thing we have to a legal blueprint is the Boosting Innovation, Technology, and Competitiveness Through Optimized Investment Nationwide (BITCOIN) Act Wyoming Senator Cynthia Lummis introduced last year. It calls for the Treasury Department to buy up to 1 million bitcoins over the next five years. Similar targets could also be set for the other crypto reserve asserts on Trump’s list. And we’re not talking about a small country here. The U.S. is the world’s largest economy. Where it goes, other governments will follow. As I wrote back in December… But if the U.S. and other governments make Bitcoin a strategic reserve, they’ll open the floodgates to more buying. It would give Bitcoin full institutional respectability and melt away any lingering resistance to it. Suddenly, Bitcoin at $500,000 or $1 million doesn’t sound crazy. It may end up being too conservative. That’s roughly a 10x gain from here. If the president follows through on his promise, we could be looking at similar price rises for the other coins in the reserve. “Anti-dollar” Asset If you haven’t yet bought some crypto, Bitcoin is a great way to get started, and this recent dip gives us a good entry point for new money. As I’ve been writing to you about, the granddaddy of crypto is an “anti-dollar” asset. It doesn’t have a Fed Chair Jerome Powell who can create more bitcoins on a whim. Nor is it backed by the “full faith and credit” of a government with $36 trillion in debt. Bitcoin also doesn’t have a president with every incentive to lower its value. Trump wants to boost exports and limit imports. One way to do that is to devalue the dollar. This would make U.S. exports cheaper in overseas currency terms. And it would make imports more expensive. But Trump or no Trump, my recommendation is the same. Bitcoin is one of the best ways to protect yourself from the three Ds – debt, deficits, and dollar devaluation. You should hold it, like you hold gold, as a way to protect your wealth. The dollar is a major accident waiting to happen. And when that accident happens, you’ll be glad you own these “anti-dollars.” To life, liberty, and the pursuit of wealth, | 
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