Adam Back: The US Bitcoin strategic reserve is of great significance and provides an authoritative reference for institutional funds to enter the market

Odaily News Adam Back, co-founder of Bitcoin infrastructure development company Blockstream, said in a post on X: "The impact of the US Bitcoin Strategic Reserve Statement has been underestimated, and it has far-reaching significance for the social acceptance of Bitcoin. This statement marks that the US government is actually promoting the development of Bitcoin and provides a new authoritative reference for sovereign wealth funds, pension funds and mutual funds to allocate Bitcoin."