3 stocks to buy if US creates strategic Bitcoin reserve
Republican presidential candidate Donald Trump recently announced plans to create a Bitcoin (BTC) strategic reserve, a potentially monumental factor in the financial markets. Trump stated that if elected, he would ensure the United States maintains all Bitcoin it currently holds or acquires in the future as a strategic asset. This potential policy shift could significantly impact various sectors, especially those closely linked to Bitcoin and blockchain technology. Here are three stocks that stand to benefit if the US moves forward with this plan. Coinbase Global (NASDAQ: COIN) As one of the largest cryptocurrency exchanges in the world, Coinbase (NASDAQ: COIN) stands to gain significantly from increased governmental and institutional adoption of Bitcoin. With the US government potentially holding a large Bitcoin reserve, the demand for secure and compliant platforms for trading and custody will likely increase. Coinbase’s established infrastructure and regulatory...