1. It is rumored that the two governments are evaluating the purchase of approximately 1 million Bitcoins.
2. According to reports, the Qatari government is preparing to invest $500 billion in Bitcoin.
3. Analyst Justin Verrengia said that rumors of investments by the Saudi and Qatari governments in Bitcoin will be announced next week.
In a recent video, Justin Verrengia, host of popular cryptocurrency channel CryptoNewsAlert, said that the governments of Saudi Arabia and Qatar are evaluating huge Bitcoin investments and may announce them next week.
The analyst said that the two governments may want to use their sovereign weight funds to acquire about 1 million Bitcoins.
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Value inscriptions are for reference only:
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