TechFlow news — On March 26, according to Bitcoin.com, Marion Laboure, managing director and macro strategist at Deutsche Bank, recently stated that she views the Trump administration's move to establish a Bitcoin strategic reserve as "nothing new," merely a continuation of cryptocurrency industry developments from 2024. "I prefer to see this as a reclassification rather than genuine innovation, since there had already been extensive discussion around this topic as early as mid-2024," Laboure said in an interview. She also pointed out that many unknowns remain regarding how the reserve will operate, which may be one reason for the market’s muted reaction to this development.
"We don't know which cryptocurrencies will be selected, what the specific quotas are, what the portfolio composition will look like, or even the timeline," she assessed. This view echoes that of some analysts who had initially expected the U.S. to immediately start purchasing Bitcoin, following Strategy founder Michael Saylor's proposal—to revalue gold holdings and sell them to buy large amounts of Bitcoin. However, Trump’s executive order calls for a budget-neutral approach to building up the reserve, avoiding additional burdens on taxpayers while leaving room for future expansion.
