US reports: Washington may offer $700 billion to buy Greenland
The United States could make a financial offer of up to $700 billion to buy Greenland, if US President Donald Trump manages to complete the long-controversial deal.
The discussions within the Trump administration, a number of experts, scientists, and former US officials participated in the process of evaluating the potential value of Greenland, as part of the feasibility study of its acquisition.
Washington views the island as a strategically important location, which could form a buffer zone in the Arctic in the face of growing Russian and Chinese influence.
Circles within the US administration see the capture of Greenland as a necessary step to boost US national security in a region that is witnessing escalating international competition, especially in light of the growing interest in natural resources and sea lanes in the Arctic.
Trump has on more than one occasion reiterated his call for Greenland’s annexation to the United States.
In his first term, he publicly floated the idea of buying it, before reaffirming in March 2025 that he was confident it could be done.
White House Vice President Stephen Miller has previously questioned Denmark’s right to control the island, arguing that Greenland should become part of the United States.
Trump later stated that the island’s defense was limited to only two teams, warning that Russia or China could seek to control it if Washington didn’t act.
Greenland is an autonomous has been a territory of Denmark, as back in 1951, the United States and Denmark signed an agreement on the island’s defense, along with the two countries’ shared commitments under NATO.
