The outside world is now holding its breath, waiting to see when Bitcoin will officially reach the new milestone of $100,000. The next step will be whether it continues to rise or becomes a bubble, which is also a hot topic of discussion in the market.
On the other hand, U.S. stock markets and Taiwanese investors are also paying close attention to Bitcoin's performance. This is mainly because the U.S. listed company MicroStrategy (stock code: MSTR.US) holds as much as 331,200 Bitcoins, with an average cost of less than $50,000. After a series of significant increases, it has now entered the top 100 companies by market value in the U.S.
The quotable King Trump emphasized during his campaign, "Never sell your Bitcoin." In July of this year, a senator also sparked controversy by introducing the "2024 Bitcoin Strategic Reserve Act," which includes a requirement for the Treasury to formulate a "Bitcoin Purchase Plan" to buy up to 200,000 BTC annually over five years, totaling 1 million BTC. These Bitcoins will be held for at least 20 years, and any sales during that period can only be used to pay off U.S. debt. After that, any sales can only be 10% of the assets every two years.
Based on Bitcoin's current price, the U.S. would need to spend nearly $100 billion to establish a reserve of 1 million Bitcoins.
However, even if Bitcoin enters a favorable policy phase, many professional institutional analysts still urge caution for investors. After all, the global regulatory landscape is still unclear, and Trump's term only lasts four years. However, it is anticipated that Bitcoin's growth this year will likely still be the highest in the world, and the crypto space will continue to be bustling.
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