MARA Holdings CEO Fred Thiel has revealed plans to implement a Strategic Bitcoin Reserve across all 50 US states and the Federal Government. The initiative aligns with recent legislation introduced in 11 states, including Florida and Wyoming, aiming to bolster Bitcoin adoption. Jayson Browder, MARA’s SVP, emphasized their commitment to supporting Bitcoin advocacy groups and collaborating with the government. Meanwhile, Coinbase CEO Brian Armstrong endorsed the idea, suggesting Bitcoin reserves could influence global adoption. Bitcoin’s price responded positively, climbing 3% in the past 24 hours to $105,681, signaling growing market optimism.
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