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Czech National Bank aka Central Bank buys BTC

Today Czech National Bank (CNB) Governor AleΕ‘ Michl announced the creation of a $1 million test portfolio that includes Bitcoin, marking the first time a central bank has purchased Bitcoin for its balance sheet.

This pilot program tests the processes for buying, holding, and managing digital assets like Bitcoin, which Michl described as a way to evaluate its "potential role in diversifying our reserves" from a "decentralised" perspectiveβ€”aligning closely with the post's phrasing of Bitcoin as a "decentralized alternative in large portfolios."

Czech's have guts! Dominoes... slowly

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Czech National Bank aka Central Bank buys BTC

Comments

Only 1 million $? What percent is btc? 50%? Means its only $500k btc

Bayra

Czech Republic also has universal public Healthcare and free college. Stuff some of y'all would consider "communist" πŸ˜‰ Oh and I've been to Prague, it's beautiful.

InternetExploder

Good news for Bitcoin! Also, Bitcoin at minus-4,500 since this morning.

Aaron

the land of trezor they know what a commie government smells from far

metabolics

Poland next please.

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