Investing.com — Nigel Green, CEO of deVere Group, predicts that the United States will acquire between 300,000 and 400,000 Bitcoins in 2025, establishing a Strategic Reserve.
According to Green, this move would not only cement the dollar’s dominance but also ignite a historic Bitcoin bull run.
Green believes the establishment of a Strategic Bitcoin Reserve is “almost inevitable.”
He explains, “The US will likely cement Bitcoin as a cornerstone of its financial strategy, and this monumental decision will push Bitcoin’s value to unprecedented levels.”
The forecast follows Senator Cynthia Lummis’ introduction of the Bitcoin Act of 2024, which proposes acquiring one million Bitcoins over five years using Federal Reserve remittances.
While political negotiations may reduce the target, Green believes a reserve of 300,000 to 400,000 Bitcoins will still materialize, driven by “overwhelming momentum from both retail and institutional investors.”
“This…
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