Bessent: Government Bitcoin Purchases Could Be a Bullish Catalyst

I view Scott Bessent’s suggestion that government Bitcoin purchases remain possible as a meaningful bullish narrative for the market. Even the mere prospect of sovereign buying can lift sentiment and reduce perceived tail risk for holders.

I remain cautious about treating it as a guaranteed catalyst — policy decisions are slow and uncertain — but I expect headlines alone to drive short-term price volatility and attract fresh capital into Bitcoin.