Bitcoin<\/a> <\/strong>purchases could reach up to $25 billion, though VanEck analysts acknowledge this estimate is based on optimistic assumptions. Some states have yet to disclose their intended Bitcoin allocations, making the final figure uncertain.<\/p>\nCertain states, such as Michigan and Wisconsin, have already integrated Bitcoin into pension fund strategies, a trend that could expand if more states push for direct holdings. Analysts note that if these purchases materialize, they could significantly influence Bitcoin\u2019s price, drawing parallels to MicroStrategy\u2019s large-scale Bitcoin acquisitions, which currently exceed $31 billion in value.<\/p>\n
Interest in Bitcoin reserves is growing beyond U.S. borders. Some countries, particularly those seeking to hedge against geopolitical risks, may follow a similar path. A previous Galaxy Research report suggested that non-aligned nations and those with sovereign wealth funds could adopt Bitcoin acquisition strategies to strengthen their financial positioning.<\/p>\n