The governor of the Czech National Bank for the proposal of the bitcoin reserves plan 7 billion dollars

The Czech National Bank may invest up to 5 % of its reserves in Bitcoin, and may get $ 7.3 billion in BTC as part of the diversification strategy.

The Czech National Bank (CNB) may become the first European central bank to invest in Bitcoin as part of its diversification strategy for foreign exchange reserves in the country.

The CNB ALEš Michl Governor is scheduled to present the Bitcoin (BTC) acquisition plan to the bank’s board meeting on January 30, which is He said Financial times.

If approved, the investment may reach more than $ 7.3 billion in Bitcoin purchases, given the total CNB reserves of more than $ 146 billion, according to Andre Dragush, head of research at Bitwise.

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