It wouldn’t be the first time a country has tried to buy its way into owning part or all of Greenland.
In 1946, then-US president Harry Truman proposed to pay Denmark $100 million (£82.3 million) to buy Greenland, after flirting with the idea of swapping parts of Alaska for that in the Arctic.
China also recently bid for airport construction jobs on the territory, before Denmark intervened.
But could this mean more opportunity than offence?
Professor Ebbe Volquardsen from the University of Greenland agrees that the can be perceived as offensive to many Greenland locals.
“The idea to buy a territory and its people. That is rhetoric that belongs to imperialism 100 years ago, so of course it’s disrespectful,” said Professor Volquardsen.
However, he believes no matter how “disrespectful” Mr Trump‘s are, Greenland could use it as a bargaining chip for the future.
“It gives Greenlandic position – the position of such a small population – much more weight in negotiations with Denmark, with the USA in regards to trade and other projects.,” he said.
“The Greenlandic government a should make use of this renewed interest in a smart and strategic way.”