The September 2026 trilateral security agreement between the United States, Denmark, and Greenland has anchored trader expectations against any territorial acquisition this year. The pact expands U.S. basing rights, modernizes facilities such as Pituffik, adds sites at Narsarsuaq and Mestersvig, and grants veto authority over non-NATO investments, yet it explicitly preserves Danish sovereignty and Greenland’s right to self-determination without any land transfer. Parliamentary ratification processes in Copenhagen and Nuuk are advancing with majority support, and no subsequent U.S. demands for purchase or annexation have emerged. This diplomatic resolution, following earlier pressure for outright ownership, has produced the 97 percent “No” consensus by closing the most plausible pathway to acquisition. Remaining uncertainties include potential unraveling of the accord after U.S. midterms, a Greenland independence referendum that opens fresh bilateral talks, or unforeseen escalations in Arctic competition that revive sovereignty questions before year-end.