Think a bitcoin reserve is odd? Countries are stockpiling helium and cheese too.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
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Source: MarketWatch
U.S. Bitcoin Reserve Initiative: President Donald Trump has signed an executive order to establish a strategic bitcoin reserve and a digital-asset stockpile for other cryptocurrencies, highlighting the importance of these assets in global markets.
Global Context of Strategic Reserves: The move aligns with other countries that have been stockpiling unconventional resources like helium and cheese to protect their markets, indicating a growing recognition of cryptocurrencies as valuable commodities.
Analyst Views on USDCAD
Wall Street analysts forecast USDCAD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USDCAD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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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.
