US Government Unlikely to Buy Bitcoin for Strategic Reserve, Says Bitget CEO

Bitget CEO has shared his thoughts on the possibility of the US government investing in Bitcoin for its Strategic Reserve. In an interview, he stated that it is unlikely for the US to buy Bitcoin due to various reasons.

The CEO did not elaborate on the specific reasons behind this assessment, but he emphasized that governments and central banks are generally cautious when it comes to investing in cryptocurrencies.

Bitget is a major cryptocurrency derivatives exchange, and its CEO's comments reflect the broader sentiment in the industry. The US government has been exploring various options for its Strategic Reserve, including gold and other precious metals.