I have no doubt that the USA will soon announce a strategic reserve of BTC. Already twelve states in the USA have passed laws allowing the storage of bitcoins as a strategic reserve. Today, North Carolina joined them.
🎯These states will invest up to 10% of state funds in exchange-traded products linked to digital assets. The laws passed also allow investments in bitcoins for state funds, including teachers' and public servants' pensions, insurance funds, and housing trust funds.
🚀Institutional players, including hedge funds, governments, and large corporations, have traditionally used over-the-counter markets to acquire bitcoins without impacting the market. On the over-the-counter market, Bitcoin supplies are dwindling, and as of today, only 146,000 BTC remain. When they run out, we will see more powerful movements in the exchange market.
