What is the Bitcoin Global Strategy reserve that Trump refers to when discussing the USA? How will it operate?

After the incoming president Trump of the USA reiterated the plan to establish a Bitcoin strategic reserve, Bitcoin set a new historical high of over $107,000 on Monday, sparking enthusiasm among the Cryptos bulls.

Zhitong Finance34minutes ago

US Stocks End Higher Ahead Of Fed Decision, Bitcoin Hits New High

Business Today07:46

U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori

The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.

wallstreetcn07:06

Piper Sandler Initiates Riot Platforms(RIOT.US) With Buy Rating, Announces Target Price $23

Futu News05:31 · Ratings

Riot Platforms Options Spot-On: On December 16th, 398.38K Contracts Were Traded, With 1.66 Million Open Interest

On December 16th ET, $Riot Platforms(RIOT.US)$ had active options trading, with a total trading volume of 398.38K options for the day, of which put options accounted for 29.22% of the total

Futu News05:30

Bitcoin Surges to Record Topping $107,000; Other Cryptocurrencies Advance

MT Newswires05:07