The establishment of a Strategic Bitcoin Reserve (SBR) in the U.S. is seen as a significant endorsement of Bitcoin and its potential as a sovereign-grade store of value. President Trump's executive order to form a Bitcoin Strategic Reserve and stockpile other cryptocurrencies demonstrates a long-term commitment to the asset. The order's instruction to not sell seized Bitcoin mitigates concerns of liquidation by the government. Texas's recent bill allowing the state to invest public funds in Bitcoin could encourage other states to adopt similar policies. H.C. Wainwright believes Bitcoin's new status as a Treasury reserve asset could attract large holders and highlights its advantages over gold in terms of scarcity, global transfer, and resilience against inflation.



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