The founder of Bridgewater Capital: The U.S. Senate will approve the Bitcoin purchase plan, but it is unlikely to buy 1 million coins

ChainCatcher news, Anthony Scaramucci, founder of SkyBridge Capital, stated in an interview with Bankless that the U.S. Senate will approve a large-scale Bitcoin purchasing plan because "Trump wants this plan to happen, and he has already gained the support of the Senate Banking Committee."

Anthony Scaramucci revealed that the strategic Bitcoin reserve bill previously proposed by Senator Cynthia Lummis has received enough support; however, he believes that the plan to purchase 1 million BTC is unrealistic. He expects the U.S. government to retain its current holdings of about 200,000 BTC and then purchase an additional 400,000 to 500,000 BTC.