U.S. Bitcoin Reserve Holds 200K BTC—Will Other Nations Follow?
The U.S. government’s establishment of a Strategic Bitcoin Reserve is being totally ignored by the market, according to Ryan Rasmussen, head of research at Bitwise Asset Management.
This was signed into law by President Donald Trump on March 6 and makes Bitcoin an official national asset and will trigger institutional adoption.
The reserve is worth approximately $17 billion and is funded by 200,000 BTC seized through criminal and civil forfeitures. Unlike other government asset purchases, this doesn’t require taxpayer funding so it’s a costless way to store value long term.
Along with the U.S. Digital Asset Stockpile which includes other confiscated cryptocurrencies, the reserve is managed by the Treasury Department. This is a big shift towards putting digital assets into the national financial framework.
Michael Saylor advocating a Strategic Bitcoin Reserve as the foundation for US digital dominance. When the biggest BTC bull speaks, the market listens. This narrative is gaining serious momentum.
— Champ Crypto (@ChampionCrypto_) March 13, 2025
Corporate Bitcoin Holdings Surge in 2024
Rasmussen noted that corporate Bitcoin accumulation is accelerating fast, he said in 2024 alone public companies have bought twice as much BTC as in all previous years combined.
Key stats from his analysis:
70+ public companies now hold $52 billion in BTC, that’s 3% of all Bitcoin.
Institutional adoption is happening as corporations are buying Bitcoin for the same reasons as retail investors: inflation hedging, long term store of value and financial independence.
Rasmussen believes the U.S. government formally embracing Bitcoin will remove the remaining barriers for pension funds, endowments and big financial institutions to get into digital assets.
Crypto and stock markets are at peak fear—so what better time to talk about hashtag#Bitcoin? 😃The market is broadly underestimating the significance of the #BitcoinStrategicReserve policy of the US government and its growing #CryptoStockpile. It’s not about the US immediately…
— Lie Tang (@LieMingTang) March 13, 2025
Will Other Governments Follow the U.S. Lead?
A key takeaway from the U.S. Bitcoin Reserve is that it will push other countries to follow BTC. Rasmussen said this sets a precedent and makes it more likely other states and governments will start accumulating Bitcoin.
He also explained the long term implications:
The U.S. government won’t sell their Bitcoin anytime soon.
The probability of Bitcoin being outlawed in the U.S. is now zero.
States and foreign governments will start buying BTC.
As Bitcoin becomes a part of global finance, Rasmussen advises investors to “zoom out” and see the bigger picture. The U.S. Bitcoin Reserve might just be the catalyst for an international Bitcoin accumulation wave.
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