As Donald Trump, who won the November elections and was re-elected as president, is expected to take office on January 20, one of Trump's biggest promises, whether he will create a national Bitcoin (BTC) reserve, is being followed with great curiosity.
While many experts are positive that the US will create a national BTC reserve, Nigel Green, CEO of the giant US company deVere Group, claimed that the US will establish a strategic Bitcoin Reserve together with Trump and purchase 300 to 400 thousand BTC.
Nigel Green, who successfully predicted that Bitcoin would surpass $100,000, argued that the US would position Bitcoin as the cornerstone of its financial system with its reserve move.
The famous CEO stated that this move by the US will trigger a bull run and take the Bitcoin price to unprecedented levels.
“The US will make Bitcoin the cornerstone of its financial strategy, and this important decision will raise the value of Bitcoin to unprecedented levels.
At this point, I expect the US to buy 300,000 to 400,000 Bitcoin. The creation of such a reserve would likely trigger a Bitcoin bull run of epic proportions. The BTC price would then rise exponentially, reshaping the financial markets.
The dominance of Republicans and the role of Trump provide the perfect conditions for such a massive Bitcoin policy.”
The deVere CEO’s Bitcoin prediction comes after US Senator Cynthia Lummis introduced the Bitcoin Act of 2024, which proposes to purchase one million Bitcoins over five years with Fed transfers.
*This is not investment advice.
