President Trump’s Bitcoin Reserve Plan is rapidly gaining support, with major companies and influential figures backing the idea as he takes office. One of the most prominent supporters is Fred Thiel, CEO of Marathon Digital Holdings (MARA), who has outlined a bold plan to establish a Strategic Bitcoin Reserve (SBR) across all 50 U.S. states and at the federal level.
This could signal massive change. Here are the details.
MARA’s Vision for Bitcoin
Thiel’s plan is to make Bitcoin a central part of U.S. financial policies, showcasing MARA’s commitment to the cryptocurrency. This move could represent a major shift in how Bitcoin is viewed within the U.S. economy.
The timing is critical, as the Trump administration is aiming to turn the U.S. into a leading force for Bitcoin. Already, 11 states, including Florida, Alabama, Wyoming, Utah, and Massachusetts, have introduced laws to create their own Bitcoin reserves.
A Nationwide Movement
MARA is actively working to make the Bitcoin Reserve a reality. The company is collaborating with policymakers and advocacy groups to push this initiative nationwide. Jayson Browder, MARA’s Senior Vice President of Government Affairs, emphasized that the SBR is their top priority, and the company is working closely with the Trump administration to help make it happen.
The Bitcoin Reserve plan is getting support from notable figures such as Coinbase CEO brian armstrong 
brian armstrong Brian Armstrong is one of the most well-known figures in the crypto industry today. He is an American investor, entrepreneur, and business executive. He is the CEO of Coinbase, a cryptocurrency platform. He is also a sought-after crypto expert and is often invited to speak at conferences all over the globe.
Details: Organization: Coinbase
Location: United States
Education: Master’s Degree in Computer Science from Rice University and Bachelor’s Degree in Computer science and economics from Rice University
Skills: Ruby and Javascript Experience: CEO & Co-Founder of Coinbase from Jun 2012 to Present
Technical Product Manager at Airbnb from May 2011 to Jun 2012
CEO and Cofounder of UniversityTutor.com from Aug 2003 to May 2012 FAQ’s
1.What is the net worth of Armstrong?
Armstrong has a net worth of $2.4B
EntrepreneurInvestorDeveloper/ProgrammerCrypto and Blockchain Expert 
who sees Bitcoin as a potential reserve asset. Armstrong argues that if countries hold gold for financial stability, they should consider Bitcoin for its ability to reshape global finance. He believes that the U.S. adopting Bitcoin as a reserve could encourage other G20 countries to follow suit.
MARA Stays Committed
MARA’s focus on Bitcoin is not new. The company is one of the largest corporate holders of the cryptocurrency and continues to buy more to strengthen its position. This approach mirrors the strategy of other companies like MicroStrategy, which has invested billions in Bitcoin. Firms like Tesla, Block Inc., and Hut 8 Mining Corp. have also embraced Bitcoin as part of their financial strategies.
Bitcoin Market Reacts
The announcement has already impacted the market. Bitcoin’s price rose by 3.01% in the last 24 hours and is now trading at $105,681.75. At the same time, open interest in Bitcoin has increased by 3.90%, showing growing confidence among investors.
Fred Thiel’s plan to expand the Strategic Bitcoin Reserve has excited the crypto community. If successful, integrating Bitcoin into the financial framework of all 50 states could pave the way for broader adoption both in the U.S. and around the world.
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Marathon Digital Holdings, Inc. (NASDAQ: MARA) currently owns 40,435 Bitcoins,
