FameEX Hot Topics | U.S. Bitcoin Reserves Could Spark a Massive Bull Run
2025-01-08 06:12:20The United States could potentially accumulate up to 400,000 bitcoins in 2025, a move that financial advisory firm Devere Group predicts could ignite a massive bull run and reshape the global financial landscape. The projection highlights Bitcoin’s growing role as a strategic asset amid increasing institutional and governmental interest.
Nigel Green, CEO of Devere Group, forecasts that the U.S. may acquire between 300,000 and 400,000 bitcoins as part of a national strategic reserve. He believes such an initiative could trigger a significant surge in Bitcoin’s value, driven by strong institutional backing and evolving economic strategies. Green’s prediction coincides with Senator Cynthia Lummis’ Bitcoin Act of 2024, which proposes acquiring up to one million bitcoins over five years through Federal Reserve remittances. While the bill is still in its early stages and requires legislative approval, Green expressed optimism that momentum from both retail and institutional investors could lead to the establishment of a substantial U.S. Bitcoin reserve.
Green emphasized that adopting Bitcoin as part of national reserves could go beyond economic motives, calling it a geopolitical strategy. He argued that accumulating Bitcoin would enhance the U.S.’s economic positioning globally while reinforcing the dollar’s dominance in an increasingly digital economy. “This is more than a financial move; it’s a geopolitical masterstroke,” Green stated, highlighting the broader implications of such a policy.
Although the proposed one million bitcoin target may be ambitious, Green believes accumulating 300,000 to 400,000 bitcoins would still be sufficient to create significant market shifts. He predicts this level of investment could trigger a historic Bitcoin bull run, pushing prices to unprecedented highs and redefining financial markets. Such a move, he noted, could solidify Bitcoin’s role as a hedge against inflation and a reserve asset.
While the Bitcoin Act remains under review, Green views its introduction as a sign of growing governmental acceptance of cryptocurrencies. He concluded that Bitcoin is no longer merely speculative but is evolving into a strategic economic tool. As legislative discussions progress, the proposal reflects broader recognition of Bitcoin’s potential to drive economic resilience and maintain global competitiveness.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.