Wild to recognise that some market analysts I really admire are 90% plus confident we will see a US Government Strategic Bitcoin Reserve in Q1 2025
Even I, as an avid Bitcoin proponent and investor, would never have guessed that might happen so soon
Meaning: this is NOT priced in
Wild ride ahead 💪🏻
I mean, it's actually a really low effort thing to get accomplished. They can pass a very basic version that does nothing more than move the seized coins to this SBR stockpile and it's done.
Do you still feel like it's not priced in if they go this route? If it causes other nations to follow suit, I don't think it is myself even if they don't commit to buying additional coinage.
I don’t think either of these is priced in:
- 1 - To re-assign supply they already have seized onto their balance sheet
- 2 - To accumulate additional supply from the market
1 is massive just for general narrative & sentiment, essentially game on Nation State accumulation, with a F you to the FED
2 is how we might get to a 1 mil plus price target, so massive for price action to the upside
