Galaxy Research predicts that the US government will not purchase any Bitcoin in 2025. Discussions on Bitcoin reserve policy will continue, with the government aiming to create a reserve of existing Bitcoins. Currently, the US government holds approximately 183,850 Bitcoins worth around $17.36 billion in various known addresses. If a proposed bill by Senator Cynthia Lummis from Wyoming is approved, the US government may add Bitcoin to its treasury, buying 200,000 Bitcoins annually for five years and storing 1 million Bitcoins. Other analysts also forecast that up to five companies from the Nasdaq 100 index and five countries may add Bitcoin to their balance sheets or national wealth funds. This stronger approach by the US towards adopting Bitcoin can create competition among countries for mining or buying Bitcoin, potentially involving countries not aligned with the US or even having hostile approaches. Meanwhile, Japanese Prime Minister Shigeru Ishiba has stated a lack of sufficient information about countries’ actions like the US in accepting Bitcoin reserves. He finds it challenging to provide Japan’s official stance on this matter. On the other hand, Changpeng Zhao, former CEO of Binance, mentioned that China might be one of the countries to adopt a strategic Bitcoin reserve approach. According to him, smaller countries are the first to adopt the Bitcoin reserve approach. You can track the live prices of all tokens and cryptocurrencies on the page for real-time digital currency prices.
