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The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group.
Author: Sahil Thakur
Published On: Sat, 04 Jan 2025 05:48:24 GMT
The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group. Known for his optimistic crypto forecasts, Green believes this potential Bitcoin reserve would revolutionize U.S. financial strategy. It could also ignite an unprecedented market surge, as outlined in a note shared with crypto.news.
Green’s prediction aligns with Senator Cynthia Lummis’ 2024 Bitcoin Act, which proposed acquiring one million Bitcoins over five years. While Green expects the initial target to be scaled back, he considers it “likely” that the U.S. government could amass 300,000 to 400,000 Bitcoins.
“This is more than an economic initiative; it’s a geopolitical masterstroke,” Green asserted. He stressed that such a move would strengthen the dollar’s position in an increasingly digital global economy.
Green also forecasted a significant market reaction, emphasizing the potential of this reserve to trigger a massive bull run. “A reserve of 300,000 to 400,000 Bitcoins would likely create exponential value, reshaping financial markets,” he stated.
In late 2024, Green lauded Donald Trump’s crypto-friendly regulations and his proposal for a $14 billion national Bitcoin reserve, aimed at bolstering the U.S. economy. His comments highlight a growing belief in Bitcoin’s strategic importance for future economic and geopolitical initiatives.
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