Luxembourg Minister’s Bitcoin Prediction Just Came True: “As Michael Saylor Says,…”

Bitcoin (CRYPTO: BTC) gained a powerful boost in Europe as Luxembourg’s finance minister openly backed the asset for long-term sovereign allocation, while the Czech National Bank initiated its first digital-asset pilot.

Minister Says Bitcoin Adoption Will Spread

The finance minister said Luxembourg’s sovereign wealth fund already holds a 1% allocation to Bitcoin and stressed the position is a completed, long-term investment.

He noted the fund could have chosen any crypto asset but opted only for Bitcoin, repeating Strategy Inc. (NASDAQ:MSTR) Founder Michael Saylor’s line that “there is no …

Full story available on Benzinga.com