US government will not buy Bitcoin in 2025 — Galaxy Research
Galaxy Research expects US government departments to make “some movement” in 2025 to explore an “expanded Bitcoin reserve policy,” but no Bitcoin will be purchased.
Galaxy Digital’s research division predicts that the United States government will not buy any Bitcoin in 2025 but will safeguard its existing supply.
“The US government will not purchase Bitcoin in 2025,” Galaxy Research head of research Alex Thorn said in a Dec. 27 report. Thorn said that instead, the US government will create a stockpile using Bitcoin (BTC), which it already holds, while discussions on a Bitcoin reserve policy will continue.
“There will be some movement within the departments and agencies to examine an expanded Bitcoin reserve policy,” Thorn said.
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Author: Ciaran Lyons