2025: The Year of Bitcoin’s Global Adoption?
Fidelity Predicts Nation-States to Join Bitcoin Revolution
Will Trump’s Administration Establish a U.S. Bitcoin Reserve?
Bitcoin Goes Global: Nation-States Eye Strategic Accumulation
Fidelity: Avoiding Bitcoin May Be Riskier Than Investing
Cynthia Lummis’ Bitcoin Act: A Catalyst for Global Adoption?
This year is expected to mark a pivotal shift in the acceptance and adoption of Bitcoin (BTC), the world’s largest cryptocurrency, according to a research report by Fidelity Digital Assets released on Tuesday.
“We anticipate that more nation-states, central banks, sovereign wealth funds, and government treasuries will establish strategic positions in Bitcoin,” wrote analyst Matt Hogan.
The report highlights macroeconomic challenges such as rising inflation, currency debasement, and surging fiscal deficits, suggesting that avoiding Bitcoin may now be riskier than adopting it.
Fidelity pointed to recent pro-Bitcoin rhetoric from President-elect Donald Trump and Senator Cynthia Lummis, who have both advocated for establishing a strategic Bitcoin reserve in the United States. However, whether they will act on these plans in 2025 remains uncertain.
In July 2024, Lummis proposed the “Bitcoin Act of 2024” to the Senate. If enacted, Fidelity predicts the move could create a domino effect, forcing other nations to adopt similar Bitcoin strategies due to political and financial game theory dynamics.
The report suggests that any nation-state adopting a Bitcoin accumulation strategy would likely do so covertly. Publicly announcing such plans would drive up Bitcoin’s price, encouraging other investors to buy in and increasing acquisition costs.
Currently, the U.S., China, U.K., Ukraine, Bhutan, and El Salvador are among the largest government holders of Bitcoin. However, most of their exposure stems from government seizures and recovered assets linked to criminal activities, Fidelity noted.