Opinion: The U.S. government may increase its holdings by about 500,000 BTC, but the Federal Reserve could be the "last hurdle"
SkyBridge Capital founder Anthony Scaramucci predicts that the U.S. government will retain its current holdings of about 200,000 BTC and then purchase approximately 500,000 more BTC. Anthony Scaramucci stated that Tim Scott, Chairman of the U.S. Senate Banking Committee, and Scott Bessent, U.S. Treasury Secretary are both relatively supportive of cryptocurrencies. If Trump, Congress and the Treasury Department all agree, the Federal Reserve could become the last obstacle to Bitcoin strategic reserves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SNT Holdings, Related Party Raise Combined Stake in SNTEnergy to 55.75% From 52.75%
Cold wave and rising fuel costs drive electricity prices in northeastern Japan and Tokyo to a four-year high
Japan's spot electricity prices surged to multi-year highs over the weekend.

Google (GOOGL.US) warns that new Australian cybersecurity regulations may cut off minors' access to Gmail
Google stated that a new cybersecurity bill in Australia could prevent minors from using Gmail.

Canaccord Genuity: Lowers Oklo's target price to $66