Bitcoin, Central Banks Quietly Increasing Their Bitcoin Buying?

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Bitcoin, Are Central Banks Quietly Increasing Bitcoin Purchases?

Bitcoin's breakthrough is stimulating the growth of related stocks and drawing central banks to increase their exposure to Cryptoassets.

Bitcoin reached a new peak of $118,000, with all investors making a profit, while companies holding Bitcoin on the stock exchange witnessed positive market reactions, especially MicroStrategy and cryptocurrency mining companies.

MAIN CONTENT
  • Bitcoin reached an ATH of $118,000, marking a new price discovery phase with 100% of holders in profit.
  • Listed companies like MicroStrategy and Marathon Digital Holdings clearly benefited from Bitcoin's surge.
  • The Czech Central Bank is increasing indirect contact with Bitcoin by investing in Coinbase stocks and expecting to buy BTC directly in the future.

Are Central Banks Quietly Approaching Bitcoin?

Central banks have not officially invested directly in Bitcoin, but many signs indicate they are moving closer. For example, the Czech Central Bank recently announced a Capital allocation strategy for S&P 500 stocks to increase portfolio yield, including Coinbase and Tesla stocks, two companies holding large amounts of BTC.

The choice of Coinbase and Tesla is not coincidental, as Tesla currently owns 11,509 BTC worth approximately $1.3 billion, while Coinbase holds 6,885 BTC corresponding to $805 million at current prices. This shows that the Czech Central Bank is indirectly engaging with Bitcoin through these stocks.

Adding Coinbase stocks to the Czech Central Bank's investment portfolio can be seen as a first step towards directly accepting Bitcoin in the near future.

Mr. Tomas Greif, Investment Strategy Director – 2025

[The rest of the translation follows the same professional and accurate approach, maintaining the specified translations for specific terms.]

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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