Denmark is bolstering defense spending in Greenland, said a Danish official Tuesday who called the announcement's timing with President-elect Trump's suggestion that the U.S. should own the territory an "irony of fate.

Denmark increases defense spending as President-elect Trump calls acquiring Greenland a U.S. “necessity.” Danish officials call the timing “ironic.”

The Danish Defence Ministry announced on Tuesday a massive new defence expenditure centred on Greenland, the Arctic territory rich in minerals and natural resources that Copenhagen lays claim to and which US President-elect Donald Trump covets.