Czech Central Bank Head Wants To Buy Bitcoin With 5% Reserve Allocation

The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, surpassing its gold reserves. If approved, this move could reshape the future of national reserve assets.

Feb 9, 2025 - 23:50
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Czech Central Bank Head Wants To Buy Bitcoin With 5% Reserve Allocation

The Czech National Bank (CNB) is contemplating a groundbreaking shift in its investment strategy by considering the allocation of up to 5% of its reserves into Bitcoin. This potential move, led by Governor Aleš Michl, could position the CNB as the first major central bank in the West to hold digital assets.