Galaxy Digital Research Director: There is a high possibility that the United States will establish strategic bitcoin reserves this year
According to online reports, Alex Thorn, company-wide research director at Galaxy Digital, said that the U.S. government has a high possibility of establishing a strategic bitcoin reserve before the end of this year. Thorn posted on the X platform that the market seemed to have completely underestimated the possibility of such announcements. According to reports, although President Trump signed an executive order in March to formally establish a strategic bitcoin reserve and a U.S. digital asset reserve, the formal strategic plan has not yet been confirmed. However, many recent developments indicate that the plan is still in progress. On Tuesday, U.S. lawmakers introduced a bill that would direct the U.S. Treasury Department to review and develop a report on the feasibility and technical considerations of a strategic bitcoin reserve. However, not all crypto market participants believe this will happen anytime soon. Dave Weisburger, former chairman of CoinRoutes, said this is more likely to happen in 2026. Some bitcoin advocates worry that if the United States continues to delay accumulating bitcoin, it may lag behind other countries.
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