According to Cointelegraph, the Governor of the Czech National Bank, Aleš Michl, is considering Bitcoin as a diversification strategy for foreign exchange reserves. Although there are currently no plans to invest in Bitcoin, discussions may take place in the future.
Bank advisor Janis Aliapulios stated that the Czech National Bank will continue to diversify by purchasing gold, planning to increase its gold holdings to about 5% of total assets by 2028. The annual return on Bitcoin exceeds 130%, while gold is just over 30%. This suggests that governments and institutions may reassess their financial strategies and include Bitcoin as a reserve asset. In the United States, the Bitcoin Act proposal has gained support, which could push Bitcoin to become part of national reserves. The proposal was introduced by Wyoming Senator Cynthia Lummis and has bipartisan support.
