The U.S. government is not considering buying Bitcoin $0.000066 in 2025. According to Galaxy Digital’s research division, the government will concentrate on managing its existing Bitcoin assets and developing reserve policies. Discussions regarding Bitcoin reserve strategies are ongoing.
Management of Current Bitcoin Assets
Alex Thorn, head of Galaxy Research, stated that the U.S. government will focus on effectively managing its current holdings of 183,850 BTC. Thorn remarked, “The government will avoid purchasing Bitcoin but will continue to build reserves with its existing assets.”
This strategy aligns with efforts to shape a broader Bitcoin reserve policy. The proposed “Bitcoin Act 2024” legislation by Wyoming Senator Cynthia Lummis could authorize the Treasury Department to acquire 200,000 BTC annually. If approved, it could lead to the maintenance of a total reserve of 1 million BTC over two decades.
Perspectives on Bitcoin Reserve Policy
CryptoQuant CEO Ki Young Ju presents a more cautious view regarding the global implications of Bitcoin reserve policies. Young Ju expressed that a transition to a Bitcoin standard could weaken the global dominance of the U.S. dollar, leading to a loss of trust in the dollar-based system.
Conversely, some market observers view the U.S. approach positively. The potential for five Nasdaq 100 companies and several nations to add Bitcoin to their balance sheets is highlighted. However, Japanese Prime Minister Shigeru Ishiba has noted that the U.S. government’s ambiguous Bitcoin policies influence his country’s decisions.
The U.S. Bitcoin strategy may impact not only cryptocurrency markets but also global economic balances. This decision could guide other nations in considering Bitcoin as a strategic asset.