#亚利桑那比特币储备
Why do they dare to do this?
1. Bitcoin has recently risen significantly: it has increased nearly 25% from its low point in early April, and many people believe it will continue to rise.
2. U.S. policies have relaxed: the U.S. no longer restricts banks from entering the cryptocurrency market, indicating that cryptocurrencies are increasingly being accepted.
3. More and more large companies are buying: large companies like BlackRock have started purchasing Bitcoin, and people see this as a new way to hedge against inflation and preserve value.
What are the benefits?
• If Bitcoin rises, Arizona's "treasury" could make a considerable profit;
• It could also attract more tech companies and young people to develop the cryptocurrency industry.
But there are also risks:
• Bitcoin rises quickly, but it also falls quickly;
• If the market is not favorable, there could be losses;
• Using taxpayers' money to buy "volatile coins" will definitely raise controversy.
Conclusion:
Arizona's move can be seen as "betting on Bitcoin"; the timing is good, and the market is supportive. But whether it can make money in the future will depend on whether the crypto market can continue to "bull".