JPMorgan CEO Dimon: The United States should prioritize defense logistics over bitcoin

Speaking at the Reagan Defence Forum in California, Dimon, chief executive of JPMorgan Chase, dismissed recent US moves to bolster the nation's digital asset reserves, arguing that real-world defence logistics, not blockchain assets, should be prioritised. Dimon said "we shouldn't be hoarding bitcoin, we know what we need, it's no secret, guns, bullets, tanks, planes, drones and rare earths should be prioritised". Earlier this year, US President Donald Trump called for a bitcoin reserve and a digital asset reserve, but Dimon did not agree.