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.
2025 bull run
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.
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
Famous CEO Lists the Seven Best Altcoins to Watch in 2025!
Famous CEO Anthony Scaramucci listed the altcoins that stand out for 2025.
Funding Turned Negative in Bitcoin! Have Bottom Levels Been Seen? Here Are the Details
Bitcoin’s perpetual-term funding rate has turned negative, and the development could signal a local price bottom, according to analysts.
This Altcoin Investor's Story Will Set an Example for Everyone! "From a 90 Percent Loss to a $2.5 Million Profit!"
A 90% investor made a $2.5 million profit from Solana (SOL)-based memecoin thanks to his patience.
What Should Bitcoin Investors Do Now? CryptoQuant Analyst Examines Technical Indicators and Reveals the Best Option!
CryptoQuant analyst said that the upward trend in Bitcoin continues and that he does not recommend investors to sell.