CandleFocus Global Bitcoin FOMO? Ex-Binance Boss CZ Just Spiced Things up Big Time
2025-01-29
Author: Content Editor
The Czech Republic's central bank has proposed allocating 5% of its national reserves, approximately $7.3 billion, into Bitcoin, potentially marking one of the largest state-level Bitcoin acquisitions. This move is part of a growing trend among governments considering Bitcoin as a strategic reserve asset. Other nations, such as Switzerland, Hong Kong, and Chile, are also exploring the idea of creating national Bitcoin reserves. Governments worldwide already hold a significant amount of Bitcoin, primarily obtained through law enforcement seizures, strategic investments, or mining operations. The US leads with 207,189 BTC, followed closely by China and the UK.
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