US Likely To Buy 300k To 400k Bitcoin In 2025: DeVere Group CEO

The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group.
Green, known for his bullish crypto predictions, believes this Strategic Bitcoin Reserve would cement Bitcoin (BTC) as a cornerstone of U.S. financial policy and drive an unprecedented bull market, according to a note shared with crypto.news.
Green’s forecast follows Senator Cynthia Lummis’ Bitcoin Act of 2024, which proposes acquiring one million Bitcoins over five years. While political negotiations may scale back the initial target, Green says it is “likely” the govenment will acquire between 300,000 and 400,000 Bitcoins.
“This is more than an economic initiative; it’s a geopolitical masterstroke,” Green stated. He emphasized that a U.S. Bitcoin reserve could bolster the dollar’s dominance in an increasingly digital global economy.
Despite potential challenges, including legislative hurdles, Green is optimistic about the market impact.
“The creation of a reserve of 300,000 to 400,000 Bitcoins would likely trigger a Bitcoin bull run of epic proportions, driving exponential value creation and reshaping financial markets,” he stated.
In late 2024, Green praised Donald Trump for announcing plans for crypto-friendly regulations and a $14 billion national Bitcoin reserve to strengthen the U.S. economy and digital finance leadership.
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
XRP Could Sink Back Below $1, Investors Are Hedging With This XRP Rival
With fears of XRP price declining below $1, this article looks into Remittix, which is attracting investors with its cro... Read more
This New Altcoin Can Impact Crypto Like XRP; Analysts Get Early PEPE Vibes
A new altcoin, Remittix, is making waves in the market, with analysts comparing its potential impact to XRP. Some see ea... Read more
Solana Meme Coins Rebound, But Is It A Dead Cat Bounce? Key Risks Explained
Solana meme coins have started the month well, soaring by double digits as crypto investors bought the dip. The total ma... Read more