Federal Government's Potential Bitcoin Purchase Analyzed by Experts

According to PANews, Matthew Sigel, Director of Digital Asset Research at VanEck, shared insights on social media regarding the federal government's likelihood of purchasing Bitcoin this year. Bloomberg legal analysts estimate a 30% chance of such an acquisition. They suggest that U.S. President Donald Trump may not invest political capital into legislation for this purpose, as he could potentially achieve it unilaterally through the Exchange Stabilization Fund (ESF).