28-9-2025 – A growing number of countries are exploring Bitcoin as a strategic reserve asset, signaling a shift from skepticism to widespread acceptance, according to Jan3 founder Samson Mow on the What Bitcoin Did podcast, first reported by the podcast on September 25, 2025.
Mow highlighted that nations are moving from gradual to rapid adoption, driven by fears of being outpaced in securing Bitcoin’s limited supply. The United States, holding 198,012 Bitcoin per Bitbo data, took a significant step with President Donald Trump’s March 2025 executive order establishing a Strategic Bitcoin Reserve. While the U.S. has not yet begun purchasing, proposals like the Bitcoin Act and budget-neutral acquisition plans are advancing. Alex Thorn of Galaxy Digital expressed confidence that the reserve could be formalized by year-end.
However, Mow warned that countries like Pakistan could surpass the U.S. if it delays. Latin America, a region Mow is bullish on, is also showing increased Bitcoin activity, with nations exploring reserves to hedge economic uncertainty. Despite these developments, Bitcoin’s price has not surged as expected, trading at $109,400 with a 1.97% drop over the past 30 days, per CoinMarketCap.
Industry experts, including Bitwise’s Matt Hougan, suggest the anticipated 2025 bull run may extend into 2026, challenging the relevance of Bitcoin’s traditional four-year cycle amid rising institutional demand and ETF influence. Fidelity Digital Assets’ January 2025 research paper predicted more central banks and sovereign funds would pursue Bitcoin to bolster financial sovereignty.
