China Working Behind Closed Doors To Create Strategic Bitcoin Reserve, Says Bitcoiner Who ‘Orange Pilled’ Trump

David Bailey, a well-known Bitcoin (CRYPTO: BTC) advocate and CEO of Bitcoin Magazine, disclosed Sunday that China was holding confidential discussions to assess the creation of a strategic Bitcoin reserve.

What Happened: Bailey, a key campaigner for President Donald Trump last year, said in an X post that the Asian economic giant was “working double time” to establish its own national Bitcoin stockpile.

“They’ve been holding closed door meetings on the topic since the election,” Bailey stated.