Blockstream co-founder: The significance of the U.S. Bitcoin strategic reserve is substantial, providing authoritative reference for institutional capital entry

Blockstream co-founder Adam Back stated on X: "The impact of the U.S. Bitcoin strategic reserve statement is underestimated; it has profound implications for the social acceptance of Bitcoin. This statement marks the U.S. government's actual push for Bitcoin development and provides a new authoritative reference for sovereign wealth funds, pension funds, and mutual funds to allocate Bitcoin."