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Justin Sun praises Trump’s bold commitment to Bitcoin

Justin Sun praises Trump’s bold commitment to Bitcoin

Cryptopolitan2025/05/28 07:49
By: By Nellius Irene
BTC-0.38%RSR-4.57%SUN-0.71%
Share link:In this post: Justin Sun praises Trump’s support for crypto at the Bitcoin 2025 Conference in Las Vegas. Sun attended Trump’s private crypto dinner as the top holder of the $TRUMP meme coin and has invested $75M in WLFI. President Trump signed an executive order to create a Strategic Bitcoin Reserve.

Tron Founder Justin Sun hails Trump for ‘commitment’ to Bitcoin and cryptocurrency. At the ongoing Bitcoin 2025 Conference, Sun expressed his admiration for President Donald Trump’s outspoken dedication to digital assets and blockchain. 

Sun said during a panel discussion that the game has certainly changed for digital assets in the US thanks to the influence of President Donald Trump.

The conference, which is held in Las Vegas, has drawn major players in the crypto industry to the city, including lawmakers, entrepreneurs, and developers. Sun’s remarks were noteworthy in that he linked recent Bitcoin price spikes to policies backed by Trump and to expressions of public support.

While speaking on a panel, Justin Sun claimed that Bitcoin would have never reached an all-new high of $100,000 without Trump. Bitcoin reached $100,000 in December 2024, a month after Trump’s election victory. The rally has continued, and the coin was trading recently above $109,000.

Sun also mentioned being at a high-profile “crypto dinner” hosted by Trump a couple of days ago. He is the top holder of the TRUMP meme coin. In addition to his shares, Sun has also pumped $75 million into World Liberty Financial (WLFI), an entity allegedly very close to Trump’s digital asset plans.

Trump buys Bitcoin as US creates satellites to store BTC in space

In March 2025, President Trump passed an executive order for the Strategic Bitcoin Reserve , a move solely intended to hedge Bitcoin as part of the US treasury. The reserve is financed directly by Bitcoin seized in criminal and civil investigations — not taxpayer funds.

See also India to push FATF, World Bank, IMF to take positions in Pakistan conflict

The hope is to treat Bitcoin like gold, a strategic store of value that the government holds long-term. Trump’s directive also established a new US Digital Asset Stockpile to oversee other cryptocurrencies.

An executive order was also to review the government’s digital asset holdings. And though Senator Cynthia Lummis reported that the government owns something like 200,000 BTC, the entire report has yet to be released after a security review by the White House.

The crypto-friendly wave on Capitol Hill keeps rolling. According to long-time Bitcoin advocate Senator Cynthia Lummis, the US Senate will consider the BITCOIN Act next week. The bill is intended to codify the Strategic Bitcoin Reserve and permit the federal government to purchase as many as 1 million BTC over five years.

The bill encourages broader acceptance of Bitcoin throughout federal infrastructure and payment systems. This aligns with Trump’s general crypto stance: to relax crypto laws, court blockchain investment, and protect minors’ rights.

Lummis said it wasn’t just about Bitcoin and advancing America’s financial independence.

The Senate is also considering a Stablecoin Bill , a legislation that would be the country’s first comprehensive crypto regulatory framework. Some analysts say such common-sense leadership has the potential to bring long-awaited legal clarity and financial confidence to US crypto markets through the BITCOIN Act and the Stablecoin Bill.

See also US and Japanese stocks surge as gold and dollar plunge after Trump agrees to postpone Europe tariffs

The US Senate seems to be getting close to passing its landmark stablecoin bill, the GENIUS Act — a battle its champion Cynthia Lummis (R-Wyo.) said has been incredibly hard-fought.

“It has been extremely difficult,” Lummis said during a fireside chat with Coinbase’s Chief Legal Officer Paul Grewal at Bitcoin 2025 in Las Vegas on Tuesday. “I had no idea how hard this was going to be.”

Trump drives US Bitcoin strategy forward

With Trump’s support and Congress already legislating, the US is quickly becoming the No. 1 place in the world for cryptocurrency innovation. Classic Chinese crypto players like Justin Sun are toasting the move — and doubling down on US crypto investments.

The market likes what it sees. Bitcoin is in the $109,000 range today, and Ethereum is rising. Big exchanges and mining operations are moving on American turf, citing stable policy and rising institutional interest.

One thing is apparent as the world looks on: under President Trump, Bitcoin will no longer be just a form of digital money — it will be the national strategy.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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