Donald Trump has confirmed he is interested in buying Greenland, saying it would be "essentially a large real estate deal".
Asked about reports that he was exploring the purchase of the 850,000 sq mile island from Denmark, the US president said he was "looking at it" as "strategically for the US it would be nice".
Mr Trump's interest in the Danish territory emerged this week when he reportedly discussed it in a private meeting with advisers.
Danish politicians poured scorn on the idea, with former prime minister Lars Lokke Rasmussen describing it as an "April Fool's Day joke".
However, that does not appear to have put Mr Trump off.
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Speaking to reporters in New Jersey, he said: "It is something we talked about. Denmark essentially owns it, we are very good allies with Denmark, we protect Denmark like we protect large portions of the world.
"The concept came up – strategically it would be interesting. We'll talk to them a little bit, it is not number one on the burner at the minute I can tell you that.
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"Alot of things could be done, essentially it is a large real estate deal. It's hurting Denmark very badly because they are losing almost $700m a year carrying it."
America has had an air base in Greenland for decades as part of its global network of missile radars and space surveillance.
The island's foreign ministry tweeted on Friday: "#Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism.
"We're open for business, not for sale."
Mr Trump is due to visit Denmark in September as part of a European trip but any attempt to raise the idea of buying the huge island is likely to be shot down.
#Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism. We're open for business, not for sale
learn more about Greenland on: https://t.co/WulOi3beIC
— Greenland MFA
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