US is ‘likely’ to buy 300k to 400k Bitcoin in 2025, according to deVere Group CEO

The United States could potentially acquire between 300,000 to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group, a global financial advisory firm. Green, known for his optimistic stance on cryptocurrency, believes that such a move would establish Bitcoin as a fundamental part of U.S. financial policy, contributing to an unprecedented bull market. This forecast aligns with the Bitcoin Act of 2024, introduced by Senator Cynthia Lummis, which outlines a proposal for the U.S. government to acquire one million Bitcoins over five years. While the initial target may be adjusted through political discussions, Green remains confident that the government will likely aim to secure between 300,000 and 400,000 Bitcoins.

Green views the proposed acquisition not just as an economic initiative but as a strategic geopolitical maneuver. He suggests that the creation of a U.S. Bitcoin reserve would enhance the dominance of the U.S. dollar in the digital age, which is increasingly shaped by cryptocurrencies. According to Green, this move could significantly impact global financial markets, making Bitcoin an integral asset in U.S. policy.

Despite potential obstacles, including legislative challenges and political debates, Green remains positive about the market implications. He predicts that the establishment of such a reserve would likely lead to a Bitcoin bull run, pushing the cryptocurrency’s value to new heights. This surge could reshape financial markets globally, driving exponential value creation for Bitcoin and reinforcing its role in the global economy.

Earlier, in late 2024, Green had praised former President Donald Trump for his support of cryptocurrency-friendly regulations and the idea of a national Bitcoin reserve worth $14 billion. This initiative, according to Green, would further solidify the U.S.’s leadership in both the traditional financial system and the digital finance space.