Franklin Templeton anticipates that “several nations” will adopt Bitcoin as part of their reserves in 2025.
In a December 30 forecast, the firm said Bitcoin is increasingly becoming a digital store of value, aided by institutional and sovereign interest. It also expects crypto technology to be woven more deeply into financial systems next year, shifting focus from speculation to real-world utility.
Some jurisdictions have already hinted at adding Bitcoin to their national holdings. In Hong Kong, Legislative Council member Wu Jiexhuang proposed such a move, pointing to El Salvador and Bhutan as examples of smaller nations that hold BTC.
He also noted the potential market impact of the U.S. approving spot Bitcoin ETFs, as well as President-elect Donald Trump’s suggestion that Bitcoin could serve as a strategic reserve asset.
Meanwhile, Germany’s Free Democratic Party (FDP) has encouraged the European Central Bank and the Bundesbank to consider Bitcoin, with former finance minister Christian Lindner criticizing the country’s slow pace in crypto adoption. He argued that Germany might be missing an opportunity if other nations move faster to capitalize on Bitcoin’s potential.
Metaplanet is aggressively expanding its Bitcoin holdings through an unconventional $5.4 billion capital raise, positioning itself as a leading BTC proxy in Asia.
BlueBird Mining Ventures, a London-listed firm traditionally focused on gold, is making headlines after announcing it will liquidate its gold reserves and begin accumulating Bitcoin as a treasury asset.
Bitcoin tumbled sharply today, shedding more than 3.5% in a matter of hours and briefly flirting with the critical $100,000 level.
Bitcoin is treading water near $105,000, but pressure is building on both sides of the trade as macro forces tighten.