According to Cathie Wood, a prominent figure in institutional investment, the US government could potentially make a strategic shift by initiating purchases to establish a national Bitcoin reserve. This perspective reflects growing momentum around Bitcoin's role as a strategic asset at the governmental level. The possibility of official government accumulation would mark a significant turning point in how traditional institutions view and deploy digital assets. Such a move would signal mainstream acceptance of cryptocurrency within policy-making circles and could reshape market dynamics substantially.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
DeFi_Dad_Jokes
· 01-10 12:26
Cathie is right; if the government really starts hoarding Bitcoin, then us retail investors are in trouble.
View OriginalReply0
SatoshiLeftOnRead
· 01-09 04:56
Cathie Wood is yapping again... but NGL, if this really happens, BTC will directly become the official asset.
View OriginalReply0
ChainWanderingPoet
· 01-09 04:52
Damn, is the US planning to establish a Bitcoin national reserve? Cathie Wood's statement is mind-blowing!
View OriginalReply0
MEVHunter_9000
· 01-09 04:49
Cathie is up to something again... But on the other hand, if the government really starts hoarding Bitcoin, it would definitely be a bullish signal.
View OriginalReply0
PanicSeller
· 01-09 04:28
So the US government is really going to scoop up Bitcoin at the bottom? Now all the institutions have to watch the US Treasury Department's every move.
According to Cathie Wood, a prominent figure in institutional investment, the US government could potentially make a strategic shift by initiating purchases to establish a national Bitcoin reserve. This perspective reflects growing momentum around Bitcoin's role as a strategic asset at the governmental level. The possibility of official government accumulation would mark a significant turning point in how traditional institutions view and deploy digital assets. Such a move would signal mainstream acceptance of cryptocurrency within policy-making circles and could reshape market dynamics substantially.