Bitcoin Reserves in 50 States Soon? MARA’s Plan Gains Momentum with Trump’s Support

President Trump’s Bitcoin Reserve Plan is rapidly gaining support, with major companies and influential figures backing the idea as he takes office. One of the most prominent supporters is Fred Thiel, CEO of Marathon Digital Holdings (MARA), who has outlined a bold plan to establish a Strategic Bitcoin Reserve (SBR) across all 50 U.S. states and at the federal level.

This could signal massive change. Here are the details.

MARA’s Vision for Bitcoin

Thiel’s plan is to make Bitcoin a central part of U.S. financial policies, showcasing MARA’s commitment to the cryptocurrency. This move could represent a major shift in how Bitcoin is viewed within the U.S. economy.

The timing is critical, as the Trump administration is aiming to turn the U.S. into a leading force for Bitcoin. Already, 11 states, including Florida, Alabama, Wyoming, Utah, and Massachusetts, have introduced laws to create their own Bitcoin reserves.

A Nationwide Movement

MARA is actively working to make the Bitcoin Reserve a reality. The company is collaborating with policymakers and advocacy groups to push this initiative nationwide. Jayson Browder, MARA’s Senior Vice President of Government Affairs, emphasized that the SBR is their top priority, and the company is working closely with the Trump administration to help make it happen.

The Bitcoin Reserve plan is getting support from notable figures such as Coinbase CEO Brian Armstrong Brian Armstrong at coinbase Brian Armstrong is the Co-Founder and CEO of Coinbase, the largest digital asset exchange in the United States. Since 2012, Armstrong has played a major role in pushing cryptocurrency toward mainstream use. His work focuses on building a strong connection between traditional financial systems and the growing Web3 ecosystem. Under his leadership, Coinbase achieved a major milestone in 2021 when it became the first large crypto exchange to go public on the Nasdaq. The event was a key milestone for the crypto industry. It contributed to increased institutional confidence in digital assets and revealed that larger financial players are beginning to take the sector more seriously. Over the last few years, Brian Armstrong has dedicated his efforts to fortifying blockchain infrastructure. At the same time, he has been promoting the need for clearer regulatory frameworks to support the long-term expansion of the crypto market. Quick Facts Full name Brian Armstrong Birth January 25, 1983 Education Rice University (B.A. in Economics and Computer Science; M.S. in Computer Science) Nationality American Martial Status Married Net Worth Estimated between $9 billion and $14 billion Career Overview Brian Armstrong began his career as a software engineer at Airbnb. During his time there, he regularly faced the difficulties of international payments. Sending money across countries was often slow, complicated, and filled with delays. During 2025 and early 2026, Brian Armstrong spent more time strengthening on-chain infrastructure while also pushing for clearer regulations for the crypto industry. He supported the expansion of Base, Coinbase’s Layer-2 network. The network later started integrating private transaction capabilities after Coinbase acquired the Iron Fish team. Brian Armstrong: Timeline of events 2012: Co-founded Coinbase after participating in the Y Combinator startup program. 2015: Launched Coinbase Exchange, built specifically for professional traders. 2017: Led Coinbase during the massive crypto bull run, when the app became one of the most downloaded apps on the App Store. 2021: Took Coinbase public through a historic Direct Listing (IPO) on the Nasdaq, reaching a peak valuation of more than $100 billion. 2022: Guided Coinbase through the challenging Crypto Winter and launched the Coinbase NFT marketplace. 2023: Introduced Base, a Layer-2 Ethereum scaling solution designed to grow the on-chain economy. 2024: Helped secure approval for the iShares Bitcoin Trust (IBIT), with Coinbase acting as the main custodian for BlackRock. 2025: Acquired the team behind Iron Fish to bring privacy features into the Base network. 2026: Spoke at major crypto forums and held discussions with the Trump administration about the federal stablecoin regulatory framework. Recognition of Brian Armstrong: Year Recognition Details 2012 Y Combinator Alumnus Selected for the prestigious accelerator to build Coinbase. 2017 Fortune 40 Under 40 Recognized for pioneering the retail crypto exchange model. 2021 Nasdaq Direct Listing Orchestrated the first public listing of a major US crypto exchange. 2023 Base Mainnet Launch Released Coinbase's proprietary L2 network for decentralized apps. 2025 Iron Fish Team Acquisition Strategic move to bring on-chain privacy to the Coinbase ecosystem. EntrepreneurInvestorDeveloper/ProgrammerCrypto and Blockchain Expert who sees Bitcoin as a potential reserve asset. Armstrong argues that if countries hold gold for financial stability, they should consider Bitcoin for its ability to reshape global finance. He believes that the U.S. adopting Bitcoin as a reserve could encourage other G20 countries to follow suit.

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• Bitcoin Adoption Set to Skyrocket as 13 U.S. States Explore Strategic Reserves
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MARA Stays Committed

MARA’s focus on Bitcoin is not new. The company is one of the largest corporate holders of the cryptocurrency and continues to buy more to strengthen its position. This approach mirrors the strategy of other companies like MicroStrategy, which has invested billions in Bitcoin. Firms like Tesla, Block Inc., and Hut 8 Mining Corp. have also embraced Bitcoin as part of their financial strategies.

Bitcoin Market Reacts

The announcement has already impacted the market. Bitcoin’s price rose by 3.01% in the last 24 hours and is now trading at $105,681.75. At the same time, open interest in Bitcoin has increased by 3.90%, showing growing confidence among investors.

Fred Thiel’s plan to expand the Strategic Bitcoin Reserve has excited the crypto community. If successful, integrating Bitcoin into the financial framework of all 50 states could pave the way for broader adoption both in the U.S. and around the world.

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