Galaxy Digital research division anticipates that the US government will not buy any Bitcoin in 2025 but rather will preserve its current supply.
In a report published on December 27, Alex Thorn stated that the US government will establish a BTC reserve, which it currently possesses, while discussions regarding a blockchain reserve policy will continue. The Galaxy Research‘s director of research, Thorn, declared that the United States government will not acquire BTC in 2025.
Bitcoin Reserve Policy to be Expanded by United States Government
Spot on Chain reports holds that the US government maintains 183,850 BTC valued at $17.36 billion across different known addresses.
“There will be some movement within the departments and agencies to explore an expanded BTC reserve policy,” Thorn stated.
If enacted, Senator Cynthia Lummis’ Bitcoin Act 2024 in Wyoming would allow the United States government to incorporate Bitcoin into its treasury as a reserve asset by purchasing 200,000 BTC annually for five years. This would result in the accumulation of one million Bitcoins, which the government would retain for at least 20 years.
Another Galaxy analyst, “JW,” has suggested that BTC may be included in the balance statements or sovereign wealth funds of up to five Nasdaq 100 companies and five nation-states.
