Odaily Planet Daily News Bitwise Chief Investment Officer (CIO) Matt Hougan responded to the news of the Czech Republic's strategic Bitcoin reserve plan. Hougan had previously predicted that the adoption of Bitcoin by various countries would increase significantly this year, and he pointed out that "dominoes are starting to fall." Yesterday, the governor of the Czech National Bank (CNB), Aleš Michl, said that he was considering Bitcoin as part of the diversification of foreign exchange reserves. However, CNB currently has no plans to purchase crypto assets immediately, and whether to adopt them in the future still needs the approval of the board of directors. At the same time, CNB plans to continue to promote reserve diversification by purchasing gold, with the goal of increasing gold holdings to 5% of total assets by 2028. Analysis points out that Bitcoin has performed well in recent years, and its annual return rate (130%) far exceeds that of gold (30%), and it may become an important reserve asset besides gold. If more countries include Bitcoin in their reserves, the concept of "safe" reserve assets may be redefined, but there are also risks in its price volatility.

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