Aleš Michl, the Governor of the Czech National Bank, stated that they are considering including Bitcoin as part of their foreign exchange reserve diversification strategy. However, the Czech National Bank currently has no immediate plans to purchase crypto assets, and future adoption would still require board approval. At the same time, the Czech National Bank plans to continue promoting reserve diversification by purchasing gold, aiming to increase its gold holdings to 5% of total assets by 2028. Analysis indicates that Bitcoin has performed well in recent years, with an annual return rate of 130%, far exceeding gold's 30%, potentially becoming an important reserve asset alongside gold. If more countries include Bitcoin in their reserves, the concept of "safe" reserve assets may be redefined, but its price volatility also brings risks.
Aleš Michl, the Governor of the Czech National Bank, stated that they are considering including Bitcoin as part of their foreign exchange reserve diversification strategy. However, the Czech National Bank currently has no immediate plans to purchase crypto assets, and future adoption would still require board approval. At the same time, the Czech National Bank plans to continue promoting reserve diversification by purchasing gold, aiming to increase its gold holdings to 5% of total assets by 2028. Analysis indicates that Bitcoin has performed well in recent years, with an annual return rate of 130%, far exceeding gold's 30%, potentially becoming an important reserve asset alongside gold. If more countries include Bitcoin in their reserves, the concept of "safe" reserve assets may be redefined, but its price volatility also brings risks.