Bessent: Government Bitcoin Purchases Remain a Real Possibility

I think Scott Bessent’s suggestion that governments could buy Bitcoin is a meaningful bullish signal because sovereign purchases would tighten supply and increase legitimacy. Such a catalyst could materially shift investor sentiment and price discovery if it happens at scale.

That said, it remains speculative: legal, policy and geopolitical hurdles make timing and magnitude uncertain. I will watch policy statements, reserve-management signals and on-chain reserve flows for confirmation before materially changing position size.