TechFlow reported on January 30 that Ales Michl, Governor of the Czech National Bank, posted on X stating they are currently considering including Bitcoin in the bank's official reserves. Michl pointed out that Bitcoin currently has zero correlation with bonds, making it an interesting asset for large investment portfolios.
The bank is pursuing reserve diversification, having increased its gold holdings from 0% to approximately 5%, and plans to allocate 30% to equities.
Including Bitcoin in reserves remains at the stage of analysis and discussion, with no final decision made yet. Michl said he will ask his team on Thursday local time to further assess the potential role of Bitcoin in reserves.
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