The United States might acquire up to 400,000 Bitcoins by 2025, according to Nigel Green, CEO of deVere Group.
Nigel Green's Forecast
Nigel Green, known for his bullish crypto predictions, believes that the creation of a Strategic Bitcoin Reserve could cement Bitcoin as a cornerstone of U.S. financial policy, driving an unprecedented bull market. He emphasizes that the move is not just an economic initiative but also a geopolitical strategy that could enhance dollar dominance in the digital global economy.
Senator Lummis' Bill
Green's forecast aligns with Senator Cynthia Lummis' 2024 Bitcoin Act, which proposes acquiring one million Bitcoins over five years. Despite likely political adjustments, Green suggests that the government will probably acquire between 300,000 and 400,000 Bitcoins.
Potential Financial Growth in 2025
Despite potential legislative hurdles, Green is optimistic about the market impact. He anticipates that a reserve of 300,000 to 400,000 Bitcoins would trigger an epic Bitcoin bull run, driving exponential value creation and reshaping financial markets.
Overall, the US's plans to establish a strategic Bitcoin reserve could significantly impact global financial markets and strengthen the dollar's position in the global digital economy.
