Lutnick confirms Bitcoin strategic reserve execution on March 7 as BTC surges past $90K

Bitcoin has surged past $90,000, climbing over 8% in the past 24 hours, as the U.S. government moves forward with a groundbreaking cryptocurrency policy.

Commerce Secretary Howard Lutnick has confirmed that President Donald Trump’s administration is set to execute a Bitcoin strategic reserve plan on March 7. This initiative, first hinted at during Trump’s campaign, aims to strengthen America’s position as a leader in digital assets while distinguishing Bitcoin from other cryptocurrencies.

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Lutnick revealed in an interview with The Pavlovic Today that the President has been committed to this idea, emphasizing that Bitcoin will be treated as a strategic asset, while other digital currencies will receive a different but positive regulatory approach. This announcement follows Trump’s recent statement on Truth Social, in which he underscored the importance of a U.S. crypto reserve.

The White House Crypto Summit, scheduled for March 7, will serve as a platform to discuss this initiative alongside broader regulatory frameworks. The event, building on Executive Order 14178 signed in Trump’s first week in office, will gather key industry leaders to explore responsible digital asset growth, regulatory clarity, and financial innovation. The policy shift signals a significant evolution in the U.S. government’s approach to Bitcoin and crypto regulation, fueling optimism in the market as BTC continues its upward trajectory.

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