Analyst: Trump's likelihood of building a strategic Bitcoin reserve has increased

Odaily Planet Daily Report: Ledn co-founder Mauricio di Bartolomeo stated that the possibility of the United States establishing a strategic Bitcoin reserve has increased after a state in the US proposed a strategic Bitcoin reserve bill. Shortly after the introduction of the , the Bitcoin price saw an increase. The bill aims to allow the state to allocate 10% of certain funds, including the general fund, rainy day fund, and state investment fund, to Bitcoin. According to the state's 2023 Treasury Department annual investment report, these funds collectively manage around $51 billion in assets, so a 10% allocation would represent about $5.1 billion in Bitcoin investment. Previously, US Senator Cynthia Lummis proposed the , suggesting that the US create a strategic Bitcoin reserve, requiring the purchase of up to 200,000 Bitcoins per year over five years. If these bills are passed into law, an initial $23.3 billion worth of Bitcoin could be acquired in the open market. The approval of either of these two bills would have a significant impact on other sovereign investment portfolios, sparking discussions among the world's largest asset management companies about Bitcoin allocation. In the coming months, the US strategic reserve may be the core of most Bitcoin-related topics.