Trump's $5,000 Stimulus Could Send Bitcoin Higher, Pompliano Says

Key Takeaways

• Pompliano links larger government handouts to gains in bitcoin, gold, and land.
• Trump’s $5,000 pledge depends on Republican victories in both chambers.
• Bitcoin held near $78,000 in the initial trading response to the pledge.

Trump’s Cash Pledge Fuels Pompliano’s Bitcoin Case

A $5,000 check could put cash in Americans’ pockets, but Anthony Pompliano sees the potential payoff extending to owners of bitcoin, gold, and land. Pompliano is chairman and CEO of Procap Financial, a Nasdaq-listed firm that holds bitcoin on its balance sheet. His Sept. 10 post on X tied larger government handouts to higher asset prices. Pompliano wrote:

“Trump announced yesterday that he is going to give out $5,000 stimulus checks. The more money he hands out, the higher bitcoin, gold, and land will go.”

On Sept. 9, speaking at the Republican National Committee’s midterm convention in Dallas, Trump promised to send $5,000 to every adult American citizen if Republicans retain control of both the House and Senate in November’s midterm elections.

The proposal would require congressional approval, and Vice President JD Vance later said the payments would not go to the wealthy, suggesting tariff revenue could fund them. A Sept. 10 White House statement described the proposed payment, called the Trump Dividend, as a way to share what the administration characterized as the country’s economic gains.