Nigel Green, CEO of deVere Group, believes that the United States could acquire up to 400,000 Bitcoins by 2025. He suggests that this Strategic Bitcoin Reserve would establish Bitcoin as a key element of U.S. financial policy and trigger a massive bull market. Green's prediction comes after Senator Cynthia Lummis proposed the Bitcoin Act of 2024, which aims to acquire one million Bitcoins over five years. While the target may be scaled back during political negotiations, Green believes that the government will likely acquire between 300,000 and 400,000 Bitcoins. He states that this move would not only have economic implications but also be a geopolitical strategy to strengthen the dominance of the dollar in the digital global economy. Despite potential challenges, Green is optimistic about the market impact, stating that such a reserve could drive exponential value creation and reshape financial markets.
- Content Editor ( crypto.news )
- 2025-01-03
US ‘likely’ to buy 300k to 400k Bitcoin in 2025: deVere Group CEO