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Trump's Strategic Bitcoin Reserve Eliminates Last Risk, Positions Bitcoin as Best Backup Plan, Gold Reserves May Fund Acquisition

The Chief Investment Officer of Bitwise, Matt Hougan, has stated that the establishment of a Strategic Bitcoin Reserve by former President Donald Trump effectively removes the last existential risk associated with Bitcoin (BTC)
By: DeepNewz • March 26, 2025
Trump's Strategic Bitcoin Reserve Eliminates Last Risk, Positions Bitcoin as Best Backup Plan, Gold Reserves May Fund Acquisition

The Chief Investment Officer of Bitwise, Matt Hougan, has stated that the establishment of a Strategic Bitcoin Reserve by former President Donald Trump effectively removes the last existential risk associated with Bitcoin (BTC). Hougan emphasized that this development positions Bitcoin as the 'best backup plan on the market.' Additionally, a senior White House official has suggested that the U.S. government may consider utilizing its gold reserves to acquire more Bitcoin, indicating a potential shift in the government's approach to cryptocurrency investment.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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