US President Donald Trump is reportedly planning to meet El Salvador’s President Nayib Bukele at the White House next month. Bloomberg sources indicate that the two leaders, both known for their pro-Bitcoin stance, have maintained communication since Trump’s inauguration.
The relationship between the two was solidified early on, with Trump and Bukele discussing cooperation on tackling illegal immigration and transnational gangs, including Tren de Aragua, shortly after Trump took office. If the meeting takes place, Bukele will become the first leader from the Western Hemisphere to receive an official invitation under Trump’s presidency.
Focus on Bitcoin and Technology
Bukele has been actively engaged in discussions related to Bitcoin and technological investments. In February, he met with Michael Saylor, Strategy’s Executive Chairman, to discuss Bitcoin-related matters. Additionally, he hosted venture capitalists Ben Horowitz and Marc Andreessen in El Salvador, with talks centered around artificial intelligence and technology investments aimed at positioning El Salvador as a key regional tech hub.
Bitcoin’s Role in the Meeting
Speculation is growing that Bitcoin could be a central topic in the upcoming meeting. Bukele has been vocal about the potential impact of Trump’s presidency on the cryptocurrency market. In a January press conference, he shared his optimism about Bitcoin’s future under Trump’s leadership.
“I believe, personally, that this year, and the years ahead, will be very important for Bitcoin and for the entire ecosystem, especially with Trump’s assumption of power,” Bukele said.
El Salvador made history in 2021 by becoming the first nation to adopt Bitcoin as legal tender alongside the US dollar. The country currently holds 6,129 BTC in reserves, valued at approximately $514 million, according to Arkham data.
Trump’s administration has already taken steps towards integrating Bitcoin into the US financial landscape. On March 6, he signed an executive order establishing a US Strategic Bitcoin Reserve, funded through federal-owned Bitcoin. The administration aims to expand the nation’s Bitcoin holdings without additional taxpayer expenses.
As the details of the White House meeting continue to be finalized, it remains to be seen whether cryptocurrency policy will take center stage in the discussions between Trump and Bukele.
