US Government Will Not Buy Bitcoin in 2025, Focuses on Existing Holdings, Says Galaxy Digital
According to a recent research from Galaxy Digital, the US government is unlikely to purchase additional Bitcoin in 2025. Instead, it will prioritize managing its existing stockpile while exploring policy shifts regarding Bitcoin reserves.
The research suggests that the government currently holds a significant amount of Bitcoin, which it will focus on maintaining and optimizing rather than investing further in new purchases. This decision could have far-reaching implications for the cryptocurrency market, potentially impacting prices and influencing global trends.
Galaxy Digital’s findings come as no surprise to many experts, who have long predicted that institutional investors would be more likely to diversify their portfolios by acquiring existing Bitcoin holdings rather than making fresh investments.
Source: bravenewcoin.com