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Last May, Wisconsin’s pension fund added bitcoin to its holdings by purchasing more than $160 million of shares in two bitcoin ETFs. Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi ...
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. ... To fund the purchase, the government would revalue about $11 billion worth of gold certificates on ...
Sen. Cynthia Lummis (R–Wyo.) has introduced a bill to make that strategic reserve real, working toward government ownership and stewardship of a million bitcoin—nearly 5 percent of the total ...
Bitcoin could soar to $500,000 if Trump creates a national reserve, Bitwise CIO Matt Hougan said.. The US creating a national stockpile will influence other countries to follow suit, he predicted ...
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile. He has directed ...
Crypto bulls are eager to see Trump establish a "bitcoin strategic reserve." Supporters say the US could manage its debt if it buys and holds bitcoin now. Yet, sources tell BI they expect ...
WASHINGTON (Reuters) -Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of ...
Dennis Porter, CEO of the nonprofit bitcoin advocacy group Satoshi Action Fund, told CNBC that over 10 states are poised to introduce legislation regarding the establishment of a reserve.