PANews reported on July 19 that according to Cryptoslate, industry insiders revealed that former US President Donald Trump will make a landmark statement at the upcoming Bitcoin 2024 conference in Nashville, and may plan to use Bitcoin as a strategic reserve asset for the United States. Satoshi Action Fund co-founder Dennis Porter and BnkToTheFuture founder Simon Dixon both shared the rumors on social media and said the sources were reliable. However, these claims have not been confirmed by Trump, his team, or any external public sources. Until official confirmation, these assertions should be considered speculation.