“Further work would be required for the U.S. to adopt Bitcoin as a strategic reserve as well. A variety of considerations would need to be determined, including how much should be held as a reserve, what its threshold would be, how it would be acquired, how and where it would be stored, when and under what circumstances it would be utilized, which entity would be responsible, and a timeline for implementation,” Rahul Mewawala, CEO of bitcoin mining company Mawson Infrastructure Group, said in an emailed statement. Answering these questions is “tough,” and establishing a council of industry stakeholders could help, he said.
