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Cryptocurrency News Articles

The United States Could Potentially Acquire up to 400,000 Bitcoins in 2025

Jan 04, 2025 at 05:41 pm

Green, known for his optimistic forecasts about cryptocurrency, suggests that this move, which he terms the establishment of a “Strategic Bitcoin Reserve

The United States Could Potentially Acquire up to 400,000 Bitcoins in 2025

The United States government may acquire up to 400,000 Bitcoins by 2025, according to Nigel Green, CEO of deVere Group, in a move that could cement the cryptocurrency as a key pillar of U.S. financial policy and spark an unprecedented bull market.

In a note to crypto.news, Green pointed to Senator Cynthia Lummis's recently proposed Bitcoin Act of 2024, which outlines plans for the U.S. government to acquire 1 million Bitcoins over five years.

While this goal may be adjusted during political negotiations, Green said it is "highly likely" that the government will secure between 300,000 and 400,000 Bitcoins.

"This is more than just an economic initiative; it's a geopolitical masterstroke," said Green.

According to him, such a reserve would not only solidify Bitcoin's role in global finance but also strengthen the U.S. dollar's dominance in an increasingly digitalized world economy.

"Despite the potential challenges, such as legislative and bureaucratic processes, Green remains bullish on the market implications."

"The creation of a Bitcoin reserve of 300,000 to 400,000 would almost certainly trigger a bull run of historic proportions," he explained, adding that the move would "drive exponential value creation and fundamentally reshape global financial markets."

The speculations about a strategic Bitcoin reserve in the US began with Donald Trump's campaign promises to set up one in the country.

Bitcoin And U.S. Policy In 2025

This prediction comes amid growing bipartisan interest in cryptocurrencies as a strategic asset.

In late 2024, Green lauded then-President Donald Trump for unveiling plans for crypto-friendly regulations and a proposed $14 billion national Bitcoin reserve.

Trump framed the initiative as a way to boost the U.S. economy and bolster the nation's leadership in digital finance.

If the U.S. does establish such a reserve, it could mark a pivotal moment in the adoption of Bitcoin, signaling its transition from a speculative asset to a cornerstone of national economic policy.

News source:nairametrics.com

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