Opinion: If the United States purchases 1 million bitcoins, it could drive the price up to 1 million dollars

ChainCatcher news, according to Cointelegraph, Bitcoin Policy Institute (BPI) policy director Zach Shapiro stated: "If the United States announces the purchase of one million bitcoins, it will cause a global shock, and the price of Bitcoin will soar, potentially reaching around one million dollars very quickly."

BPI Executive Director Matthew Pines pointed out that if the U.S. wants to fulfill its promise of becoming a Bitcoin superpower, it ultimately depends on how much Bitcoin the U.S. owns, which will measure the extent to which Trump fulfills this verbal goal.