Countries Consider Bitcoin as a Strategic Reserve Asset
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2024
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Should l Buy ?
Source: Coinmarketcap
Countries Exploring Bitcoin as a Reserve Asset: Several countries, including the U.S., Brazil, Poland, and Russia, are considering incorporating Bitcoin into their national reserves to enhance economic resilience and adapt to changing financial markets.
U.S. Initiatives and Other Countries' Plans: The U.S. plans to acquire 200,000 Bitcoins annually through a proposed bill, while Brazil aims to back 5% of its reserves with Bitcoin, and Poland and Russia are also exploring crypto-friendly policies to attract investment and strengthen their economies.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
