Fidelity: ”More countries will stockpile Bitcoin”

It is predicted that there will be an increase in cases of nation-level Bitcoin purchases this year. Fidelity released a report on the 7th (local time) stating, "More countries will purchase Bitcoin this year.
"Adding cryptocurrencies to its strategic assets will lead the growth of the virtual asset market," said Matt Hogan, a digital asset analyst at Fidelity.
"We expect that banks, sovereign wealth funds and other entities will take strategic positions in Bitcoin," he said. As an example, Bhutan and El Salvador, which have national Bitcoin stockpiles, are among those.
Hogan cited Salvador as an example. Facing challenges including severe inflation, a devalued currency, and a growing budget deficit, he said it would be more cost-effective for the country to allocate to Bitcoin than to allocate to it.
They determined that it could pose a greater risk to the home.