US ‘likely’ to buy 300k to 400k Bitcoin in 2025: deVere Group CEO

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As a seasoned crypto investor with over two decades of market experience under my belt, I find Nigel Green’s prediction of a potential U.S. Bitcoin reserve intriguing and potentially game-changing for the crypto market. Having witnessed the digital currency landscape evolve from its infancy, I have learned to appreciate the far-reaching implications that government involvement can have on this nascent industry.

Green’s bullish stance is not without merit, given the potential for increased legitimacy and acceptance that such a move could bring to Bitcoin. If executed successfully, it would undeniably drive an unprecedented bull market, as the creation of a Strategic Bitcoin Reserve by the U.S. government would solidify Bitcoin as a cornerstone of American financial policy.

However, I am mindful of the potential challenges that might arise during this legislative process. As history has shown us, political negotiations can be unpredictable and may scale back the initial target for acquiring Bitcoins. Nonetheless, Green’s prediction of between 300,000 to 400,000 Bitcoins being added to the government’s reserves seems “likely” in my estimation.

If this were indeed to happen, I can only imagine the exponential value creation and market reshaping that Green speaks of. The Bitcoin bull run that he predicts could be nothing short of epic proportions – a move that would undoubtedly make early adopters like myself grin from ear to ear (and possibly add a few more zeros to our holdings).

In the spirit of humor, I’d like to joke about how, as a crypto investor, I sometimes feel like a modern-day prospector panning for digital gold. But instead of shoveling dirt and pebbles, we’re sifting through code and market analysis – and let me tell you, the treasure we’ve found so far is more than worth the effort!

It’s possible that the United States might own around 400,000 Bitcoins by the year 2025, as suggested by Nigel Green, who is the CEO of deVere Group.

According to a report shared with crypto news outlets, Green, who is known for his optimistic views on cryptocurrency, believes that the implementation of this Strategic Bitcoin Reserve could solidify Bitcoin as a fundamental aspect of U.S. financial policy and spark an extraordinary surge in the market, based on his observations.

Green’s prediction aligns with Senator Cynthia Lummis’ Bitcoin Act of 2024, suggesting the government might procure between one million and a half a million Bitcoins over five years. However, political discussions could potentially lower the original goal, but Green considers it “probable” that the final acquisition will be between 300,000 and 400,000 Bitcoins.

Green underscored that this isn’t just about economics, it’s also a strategic move on the geopolitical stage. By establishing a US Bitcoin reserve, we can potentially strengthen the dollar’s influence in our rapidly digitizing world economy.

2025 bull run

Regardless of any obstacles such as legal issues, Green remains hopeful about the influence this market will have.

He mentioned that establishing a Bitcoin reserve between 300,000 to 400,000 units could potentially spark an unprecedented rise in Bitcoin prices, leading to rapid growth in value and transforming existing financial systems.

Towards the end of 2024, Green commended Donald Trump for revealing proposals for regulatory support towards cryptocurrencies and a $14 billion national Bitcoin deposit aimed at bolstering the American economy and asserting dominance in digital financial affairs.

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2025-01-03 23:24