• Authors

Suggested:

Analyst: Trump's likelihood of building a strategic Bitcoin reserve has increased


2024-11-2014198 Views
Ledn co-founder Mauricio di Bartolomeo stated that the possibility of the United States establishing a strategic Bitcoin reserve has increased after a state in the US proposed a strategic Bitcoin reserve bill. Last week, shortly after the introduction of the "Pennsylvania Bitcoin Reserve Bill," the price of Bitcoin rose. The bill aims to allow the state to invest 10% of certain funds, including ordinary funds, rainy day funds, and national investment funds, in Bitcoin. According to the state's 2023 Department of Finance annual investment report, these funds collectively manage assets worth approximately $51 billion, so a 10% allocation would represent approximately $5.1 billion in Bitcoin investment.




Contact Us : ymxbxkr@gmail.com