Gemini, a crypto exchange, set a new Guinness world record by using 1,000 drones to form the Bitcoin logo in the sky to celebrate the US Strategic Bitcoin Reserve. It was the largest-ever aerial display of a currency symbol.
The company made the announcement before the event and said, “In celebration of the US Strategic Bitcoin Reserve, we’re hosting a Guinness World Record breaking drone show. The show explores the future of money and features the iconic bitcoin “₿” as the largest currency symbol in the sky.”
PROOF OF RECORD pic.twitter.com/0tno2sY1UN
— Gemini (@Gemini) March 14, 2025
The event was held in Austin, Texas, on March 13 to honor the US Strategic Bitcoin Reserve plan. Gemini’s drone show showed, among other things, a rocket launch and a moon landing. After the BTC logo on the show, there was a text that said, “Go where dollars won’t.”
In return, the company received a certificate for “The largest ariel display of a currency symbol formed by multirotor/drones.”
The strategic Bitcoin reserve – Is it worth celebrating?
Prior to Trump’s second term, the government did not recognize BTC and crypto at large. For instance, the Obama administration focused on regulating exchanges and curbing illicit use.
Trump’s first term administration emphasized enforcement, sanctioning crypto accounts linked to adversaries and targeting tax evaders.
Then, the Biden administration prioritized investor protection and regulatory enforcement, pursuing lawsuits against major exchanges in 2023 and continuing the liquidation of seized Bitcoin rather than holding it. The Biden administration was the worst under SEC chairman Gary Gensler.
However, ahead of the 2024 election, Trump reversed course, pledging to end the Biden administration’s “anti-crypto” stance. He declared himself very positive and open-minded about Bitcoin. He also promised to fire top crypto-skeptic regulators after entering office.
He went further to propose a US Strategic Bitcoin Reserve, vowing to hold on to seized Bitcoin instead of auctioning it off. In retrospect, the governments had been selling all seized Bitcoin. In fact, the government sold about 195,000 Bitcoins over the past decade for approximately $366 million, which would be worth more than $17 billion today had it been retained.
Trump also banned the creation of Central Bank Digital Currency (CBDC), citing privacy and financial stability concerns. He made his stance clear that the executive order promotes dollar-backed stablecoins as alternatives and establishes a working group to develop a regulatory framework for digital assets. Of course, Bitcoin is at the center.
As a result, there was a dramatic shift that set the foundation for Trump’s strategic BTC reserve. Bitcoin raced to a high of $109k after his election. This has caused other nations to be motivated to make their countries more crypto-friendly. The US is on the frontline to make America a crypto hub.
The government’s plan on how to establish the SBR
The US government will officially recognize BTC as a strategic holding, similar to gold in Fort Knox, leveraging its fixed supply and decentralized nature.
Instead of selling confiscated BTC at auction, as has been the practice, the government will retain it in a central reserve account. Trump’s executive order explicitly states that any Bitcoin deposited “shall not be sold.”
Taxpayers can rest easy because the government does not include direct federal purchases of BTC but allows for “budget-neutral” methods to expand reserves, such as using proceeds from other seized assets.
Meanwhile, BTC continued to lose value today and is now expected to drop nearly 5% this week. This is because of the trade war, which is getting worse because of US President Donald Trump’s decisions to raise tariffs. Investors were also being careful before next week’s Federal Reserve meeting. Now, the price of BTC sits at $82,826, with a low of $79,947 and a high of $83,236.
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