US ‘likely’ to buy 300k to 400k Bitcoin in 2025: deVere Group CEO

The United States could acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group.

Green, known for his bullish crypto predictions, believes this strategic Bitcoin reserve would cement Bitcoin (BTC) as a cornerstone of US financial policy and fueling an unprecedented bull market, according to a note shared with crypto.news.

Green’s predictions follows Senator Cynthia Lummis’ Bitcoin Act of 2024, which proposes to acquire one million Bitcoins over five years. Although political negotiations could reduce the initial target, Green says it is “likely” that the government will acquire between 300,000 and 400,000 Bitcoins.

“This is more than an economic initiative; it’s a geopolitical masterstroke,” Green said. He pointed out that a US Bitcoin reserve could strengthen the dollar’s dominance in an increasingly digital global economy.

Running of the bulls 2025

Despite potential challenges, including legislative hurdles, Green is optimistic about the impact on the market.

“Creating a reserve of 300,000 to 400,000 Bitcoins would likely trigger a Bitcoin bull run of epic proportions, leading to exponential value creation and reshaping financial markets,” he said.

End of 2024, Green rented Donald Trump for announcing plans for crypto-friendly regulations and a $14 billion national Bitcoin reserve to strengthen the U.S. economy and leadership in digital finance.