Coinbase CEO Brian Armstrong continues advocating for Bitcoin as a strategic reserve asset, urging G20 nations to follow the U.S.’s lead after Trump’s executive order created a 200K BTC reserve ($17B) 🚀.
Armstrong calls this a "huge moment," legitimizing BTC like gold or oil, and predicts global adoption could reshape finance . While Coinbase buys BTC weekly, Armstrong avoids aggressive bets—only 25% of its $1.3B crypto portfolio is Bitcoin (9,267 BTC) 💼.
He emphasizes caution, unlike MicroStrategy’s all-in approach, calling oversized allocations "too risky" .
Recent regulatory wins, like the GENIUS Act, boost optimism 📈.
Armstrong’s push aligns with Trump’s pro-crypto policies, though debates linger over including altcoins in reserves . Markets reacted positively: BTC hit $118,895, and institutional interest surged 🌍.
For now, Coinbase focuses on derivatives and compliance, balancing growth with stability.
—Stay tuned for more crypto-policy ripple effects!* 🔥