29 January 2025
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Czech National Bank Governor to Propose Bitcoin Investment Plan
Czech National Bank Governor Ales Michl announced plans to present a bitcoin investment proposal to the bank's board, potentially allocating 5% of $146.13 billion reserves into bitcoin.
- Proposal to diversify assets with bitcoin
- Governor Michl cites increased investor interest due to recent spot ETF launches by firms like BlackRock
- No immediate comment from the central bank on the proposal