---
title: "Bitcoin hits new high: Trump hints at strategic reserves, Australian pension funds enter the market"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/26088258.md"
description: "One chart to understand popular trading targets related to Bitcoin"
datetime: "2024-12-16T10:21:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/26088258.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/26088258.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/26088258.md)
author: "[Hotspot](https://longbridge.com/en/profiles/1450684.md)"
generator: "portal-rs"
---

# Bitcoin hits new high: Trump hints at strategic reserves, Australian pension funds enter the market

Bitcoin today refreshed its historical high, which is partly attributed to the remarks made by the U.S. president-elect Donald Trump, who previously stated that he plans to establish a U.S. Bitcoin strategic reserve similar to its Strategic Petroleum Reserve; on the other hand, it is also noteworthy that Australian pension and wealth management company AMP Ltd has invested AUD 27 million in Bitcoin for the first time, becoming the country's first large retirement fund to purchase Bitcoin.

A visual overview of popular trading targets related to Bitcoin:

**Risk Warning**

Leveraged and inverse ETFs are complex investment products, and it is crucial to fully understand how these products operate and the associated risks before making investment decisions.

$BOYAA(00434.HK)$MSTR 2X Long ETF(MSTU.US)$Strategy(MSTR.US)$Daily Target 2X Long MSTR ETF(MSTX.US)$Coinbase(COIN.US)$COIN 2X Long ETF(CONL.US)$ Mara.US$Defiance Daily Target 2X Short MSTR ETF(SMST.US)$MSTR 2X Short ETF(MSTZ.US)

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- [00434.HK](https://longbridge.com/en/quote/00434.HK.md)
- [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [STRF.US](https://longbridge.com/en/quote/STRF.US.md)
- [STRK.US](https://longbridge.com/en/quote/STRK.US.md)
- [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [MARA.US](https://longbridge.com/en/quote/MARA.US.md)
- [SMST.US](https://longbridge.com/en/quote/SMST.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**