American companies have dramatically ramped up their Bitcoin (BTC) reserves, outpacing their global counterparts by a staggering 65%. Ki Young Ju, CEO of CryptoQuant, highlighted that this growing gap in reserves has accelerated over the past three months. Recent data shows that the reserve ratio jumped from 1.24 in September 2024 to 1.66 in December 2024, settling at 1.65 at the start of 2025.
How Is Trump’s Potential Presidency Influencing Bitcoin?
The prospect of Donald Trump returning to the presidency and his proposal for a national strategic Bitcoin reserve have had a favorable impact on the cryptocurrency market. This speculation has driven Bitcoin’s price to an unprecedented high of $108,135. In addition, spot Bitcoin exchange-traded funds (ETFs) have seen substantial weekly inflows, accumulating total assets of $108 billion, which equates to 5.74% of Bitcoin’s overall market capitalization.
What Are Other Nations Considering in Response?
The US’s initiative to form a strategic Bitcoin reserve has prompted interest from other nations, including Russia and Poland, each contemplating similar strategies. However, economic expert Professor Steve Hanke from Johns Hopkins University has expressed skepticism regarding this trend, suggesting that Bitcoin does not generate jobs or stimulate innovation, thus hindering its economic impact.
- US companies have increased Bitcoin reserves by 65% compared to global counterparts.
- Trump’s potential policies are boosting Bitcoin prices and ETF investments.
- MicroStrategy continues to be the largest institutional investor, increasing its BTC holdings to 447,470.
- Other countries are considering strategic Bitcoin reserves but face criticisms regarding their economic benefit.
Currently, Bitcoin is priced at $94,271, showing a slight decline of 2.21% within the past 24 hours.
