U.S. Strategic Bitcoin Reserve Seen as a ‘Major Endorsement’ for Crypto: H.C. Wainwright

U.S. Strategic Bitcoin Reserve Seen as a ‘Major Endorsement’ for Crypto: H.C. Wainwright

Mar 11, 2025 - 15:43
Mar 27, 2025 - 17:59
U.S. Strategic Bitcoin Reserve Seen as a ‘Major Endorsement’ for Crypto: H.C. Wainwright
NULL

The report stated that the Strategic Bitcoin Reserve (SBR) would enhance Bitcoin's credibility among institutional investors.

 

Key Insights:

  • The establishment of a strategic Bitcoin reserve in the U.S. represents a significant validation of the cryptocurrency, according to H.C. Wainwright.
  • Recognizing Bitcoin as a Treasury reserve asset could prompt major entities, including nation-states and large corporations, to expand their holdings, the report suggests.

 

H.C. Wainwright described the creation of a Strategic Bitcoin Reserve (SBR) in the U.S. as a significant validation of the leading cryptocurrency in a research report released Monday.

Analysts Kevin Dede and Michael Donovan noted that this move reinforces Bitcoin’s status, likening its legitimacy to that of gold, one of humanity’s most historically valued assets.

 

President Trump has instructed his administration to establish a Bitcoin Strategic Reserve (SBR) to hold government-seized digital assets, including Bitcoin and other cryptocurrencies.

According to analysts, the SBR strengthens Bitcoin’s position as an institutional asset, solidifying its status as a sovereign-grade store of value.

The directive also alleviates concerns about the U.S. government liquidating its Bitcoin holdings by mandating that seized assets remain untouched.

 

The Treasury and Commerce departments have been instructed to expand the federal government's Bitcoin holdings using budget-neutral strategies, ensuring no additional cost to taxpayers.

Texas recently passed SB-21, a bill allowing the state to invest public funds in Bitcoin, complementing federal initiatives and potentially encouraging other states to follow suit.

Bitcoin’s recognition as a Treasury reserve asset could motivate major holders, including nation-states and large corporations, to increase their allocations. Analysts highlight Bitcoin’s scarcity, ease of global transfer, and inflation resistance as factors enhancing its appeal compared to gold’s $20 trillion market.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0