As the new US President-elect #DonaldTrump takes office on January 20th, expectations regarding #BTC are also rising. Nigel Green, CEO of deVere Group, an independent organization operating in the field of financial consultancy and asset management, also made a striking prediction by drawing attention to the new administration in the US. Green claimed that the US will purchase 300,000 to 400,000 Bitcoins this year within the scope of the Strategic Bitcoin Reserve plan and that this move will both strengthen the dominance of the dollar and trigger a historic Bitcoin bull run.
“Bitcoin will be the cornerstone of the financial strategy”
“The US will position Bitcoin as the cornerstone of its financial strategy and this large-scale decision will increase the value of Bitcoin to unprecedented levels,” said Green, arguing that the strategic reserve move is almost inevitable.
This ambitious prediction came right after US Senator Cynthia Lummis introduced the Bitcoin Act (Bitcoin Act of 2024) last year. The bill proposes to purchase one million Bitcoins over five years with resources provided by the Federal Reserve.
According to Green, while “political bargaining” could reduce the initial goal, the intense interest from retail and institutional investors will ultimately create a significant reserve of 300,000 to 400,000 units.
“This move is not just an economic initiative, it is also a stroke of geopolitical genius. With this reserve, the US will not only consolidate its strong position in the crypto space, but also secure the importance of the dollar in an increasingly digital global economy,” the deVere CEO said.
President Trump’s support for this proposal further increases the likelihood of the bill becoming a reality. “With his strong support for Bitcoin, Trump is helping his party — which will control the Presidency, Senate and House of Representatives — unite around pro-crypto policies,” Green said. Commenting, Green emphasized that the Senate Banking Committee Chairman also supported the initiative and said, “This strong institutional consensus environment provides the perfect ground for such a transformative policy to be implemented.”
Also reminding that many names from the Democratic wing have shown cautiously optimistic attitudes about crypto in the past, Green says, “As the advantages of Bitcoin and a strategic reserve become clear, Democrats will also tend to support this initiative.”
“A historic bull run is approaching”
Of course, there are difficulties in the process. Political bargaining may not fully meet the one million Bitcoin purchase target specified in the Bitcoin Law. However, Green believes that the “FOMO” (fear of missing out) of retail investors and the power of institutional demand will contribute to the formation of a significant reserve.
According to Green, “Even the creation of a reserve of 300,000 - 400,000 Bitcoins will start an unprecedented bull run, creating a major increase in value and reshaping in financial markets.”
Green concludes his words as follows:
“With the progress of the Bitcoin Law in the legislative process, it is clear that we have entered a new financial era. Bitcoin is no longer just a speculative asset; it is a strategic tool in terms of economic resilience and global competitiveness.”
He predicted $100,000 in Bitcoin
Green claimed that Bitcoin would reach $100,000 by the end of 2025 when the price was still at $25,000 in June 2023. Green’s prediction came true earlier than he expected, and the number one cryptocurrency reached $100,000 in December 2024.