Treasury Eyes Budget‑Neutral Bitcoin Buys — Potential Bullish Signal, But Uncertain
I note Treasury Secretary Scott Bessent said the Treasury is exploring budget‑neutral routes to acquire more Bitcoin and aims to make the U.S. the "world's Bitcoin superpower." This suggests rising institutional interest at a government level, which could be structurally bullish for BTC demand over time.
I'm cautious: the language is exploratory and any purchase program would face legal, fiscal and political hurdles. If implemented, purchases could improve sentiment and tighten supply, but timing and scale are uncertain and market impact may be gradual.
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