The post US ‘likely’ to buy 300k to 400k Bitcoin in 2025: deVere Group CEO appeared on BitcoinEthereumNews.com.

The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group.  Green, known for his bullish crypto predictions, believes this Strategic Bitcoin Reserve would cement Bitcoin (BTC) as a cornerstone of U.S. financial policy and drive an unprecedented bull market, according to a note shared with crypto.news. Green’s forecast follows Senator Cynthia Lummis’ Bitcoin Act of 2024, which proposes acquiring one million Bitcoins over five years. While political negotiations may scale back the initial target, Green says it is “likely” the govenment will acquire between 300,000 and 400,000 Bitcoins. “This is more than an economic initiative; it’s a geopolitical masterstroke,” Green stated. He emphasized that a U.S. Bitcoin reserve could bolster the dollar’s dominance in an increasingly digital global economy. 2025 bull run Despite potential challenges, including legislative hurdles, Green is optimistic about the market impact. “The creation of a reserve of 300,000 to 400,000 Bitcoins would likely trigger a Bitcoin bull run of epic proportions, driving exponential value creation and reshaping financial markets,” he stated. In late 2024, Green praised Donald Trump for announcing plans for crypto-friendly regulations and a $14 billion national Bitcoin reserve to strengthen the U.S. economy and digital finance leadership. Source: https://crypto.news/us-likely-to-buy-300k-to-400k-bitcoin-in-2025-devere-group-ceo/

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Filed under: News - @ January 3, 2025 8:21 pm