Twenty US states are evaluating Bitcoin reserve legislation, which may cumulatively generate a demand for 23 billion USD in Bitcoin if enacted. The analysis, conducted by VanEck, highlights that this volume does not even account for potential purchases by state pension funds.
President Trump is exploring the possibility of a national Bitcoin reserve. Moreover, over 150 companies currently hold Bitcoin treasury as a hedge against inflation, signaling growing institutional support for Bitcoin in the financial landscape.
Leave a Reply