In an interview, Aleš Michl, the Governor of the Czech National Bank, revealed they are weighing how to diversify the country’s reserves with Bitcoin. However, he added that there are no active strategies in place to make this move yet. Despite the lack of concrete plans, the Governor noted that “Bitcoin is an interesting option for diversification against other assets.” Matt Hougan, the CIO of Bitwise, has reacted to the news of the Czech Republic’s strategic Bitcoin reserve plans. Earlier, Hougan predicted that Bitcoin adoption by nations will increase this year, and shared “the dominos start to fall,” in an X post.
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