A CENTRAL BANK IS TAKING A GAMBLE: WILL BITCOIN BE PART OF ITS RESERVES?
The Czech National Bank is thinking about adding Bitcoin to its reserves.
Governor Ales Mitchell will propose investing 5% of the bank’s €140 billion reserves in Bitcoin.
He believes Bitcoin can help diversify the bank’s assets.
Even though Bitcoin is very volatile, he sees potential in digital assets.
His decision is influenced by the increasing interest in Bitcoin worldwide, especially after BlackRock launched Bitcoin ETFs in 2024.
