Binance Academy
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What is a Strategic Bitcoin Reserve?
Key Points
Strategic bitcoin reserves are a way for governments, businesses, and institutions to store bitcoin as part of their financial strategies.
Some people view such reserves as a hedge against inflation. Bitcoin has a fixed supply, making it likely to retain purchasing power over time.
Despite risks, including price volatility and security issues, bitcoin's potential as a long-term valuable asset is increasingly recognized.
Introduction
Just as central banks hold gold or foreign currencies, bitcoin is also considered by many to be a valuable asset to hold for the future. With the increasing adoption of digital assets, strategic bitcoin reserves and other cryptocurrencies have become common topics in finance and policy-making.
Strategic bitcoin reserves are a way for governments, businesses, and institutions to store bitcoin as part of their financial strategies.
Some people view such reserves as a hedge against inflation. Bitcoin has a fixed supply, making it likely to retain purchasing power over time.
Despite risks, including price volatility and security issues, bitcoin's potential as a long-term valuable asset is increasingly recognized.
Introduction
Just as central banks hold gold or foreign currencies, bitcoin is also considered by many to be a valuable asset to hold for the future. With the increasing adoption of digital assets, strategic bitcoin reserves and other cryptocurrencies have become common topics in finance and policy-making.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.