France aims to acquire 2% of Bitcoin; currently, this bill has not yet passed and is in the proposal and debate stage. We hope that European allies will follow suit. 2% is a huge number; based on 21 million, it requires the purchase of 420,000 coins, and approximately 50 billion in funding would need to come in. It’s important to note that the total number of Bitcoin in the U.S. is only 325,000 coins, and MicroStrategy has only bought 640,000 coins over so many years. This number for France is significant. If the proposal does pass, Bitcoin will easily reach a new historical high.

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