The US government might establish a Strategic Bitcoin Reserve by the end of 2025, with Galaxy Digital’s Alex Thorn expressing confidence in the move. However, not all industry executives share the same optimism. Recent developments, including a bill directing the Treasury to examine the plan, suggest progress is being made.

Despite some positive signs, there are concerns that the US could fall behind if it delays accumulating Bitcoin. Experts like CoinRoutes’ Dave Weisburger believe the US administration may not announce anything until they reach their initial target. This has led to fears that other countries, like Pakistan, could beat the US in acquiring Bitcoin.

As the US contemplates a Strategic Bitcoin Reserve, other countries are also making moves in the cryptocurrency space. Kyrgyzstan is advancing a bill to establish a state cryptocurrency reserve, while Indonesia is exploring a Bitcoin reserve strategy to drive economic growth. The global landscape for cryptocurrency reserves is evolving rapidly.

Read more at Cointelegraph: ‘Strong Chance’ Of US Forming Strategic Bitcoin Reserve In 2025