The original post: /r/cryptocurrency by /u/shortbusporkchop on 2024-12-19 08:02:37.

There has been much discussion of late about the Strategic Bitcoin Reserve - will it happen, how fast, why would it be announced in a way that guarantees it gets frontrun, etc.

Is it beyond crazy to think that Trump struck some sort of deal with his new best buddy Elon to secure a big chunk ahead of his inauguration? Guaranteeing him a price level or a giant tax break or who knows what else in consideration?

If the price increases substantially in the next month and they announce together that Elon bought a big bag at around $70k and is selling it to the US at say half of the price gain since the election rally started (but well below the current price), they both buy some serious goodwill and political IOU’s, and they know it would still pump the shit out of the price.

Seems like the world’s richest man could orchestrate some large OTC purchases without moving the needle a crazy amount given what we’ve seen Sailor do over the last 6 weeks without immediately causing giant price spikes, right? Maybe get Miriam Adelson and some of his other UHNW backers in on the trade too?

Clearly, I’m not a finance professional, but it seems to me like this would be a hella smart play for everyone involved.

Any other thoughts on how the people advising Trump (some of whom clearly know and understand the principles and market dynamics of Bitcoin) might have concocted a methodology to avoid paying significantly more for BTC in Q1 '25 than where the price was pre-election, when basically everybody knew if he won it was going to start to pump?