A strategic Bitcoin (CRYPTO: BTC) reserve remains a topic of discussion after ‘Crypto Czar’ David Sacks on Tuesday announced it would be one of the digital assets committee’s first priorities.
What Happened: Despite the announcement the odds of a reserve being implemented in 2025 have dropped from a peak of 68.5% in January to 58% on prediction market site Kalshi.
At the press conference, Sacks further stated that a possible inclusion of Bitcoin in the newly-incepted sovereign wealth fund would fall under the responsibility of the soon-to-be Secretary of Commerce Howard Lutnick.
Amid this ongoing debate, MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor stirred excitement, tweeting about a …
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