Reported 1 day ago
In a recent interview, MicroStrategy's Michael Saylor expressed his belief that President-elect Donald Trump is serious about establishing a strategic reserve of Bitcoin, which coincided with Bitcoin's price surge to over $108,000. Saylor argued that given the U.S. dollar's inflationary pressures, a Bitcoin reserve could serve as a hedge against these economic uncertainties. However, significant regulatory changes would be needed for the U.S. Treasury to acquire Bitcoin, raising doubts about the feasibility of such a reserve in the near future.
Source: YAHOO