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VanEck Chief Matthew Sigel Projects How Much Bitcoin Strategic BTC Reserves Could Hold

source-logo  coingape.com 12 February 2025 18:05, UTC

Matthew Sigel, Head of Digital Asset Research at VanEck, has estimated that Bitcoin strategic reserve bills proposed in multiple U.S. states could lead to the purchase of approximately 247,000 BTC. If enacted, these bills could generate $23 billion in buying pressure, adding a new dimension to state-level financial strategies.

coingape.com