Catenaa, Sunday, October 05, 2025-Countries are accelerating Bitcoin adoption after years of cautious steps, with governments likely to move quickly into mass purchases, according to Jan3 CEO Samson Mow.
Mow said the transition marks a shift from gradual experimentation to decisive, sometimes panic-driven acquisition strategies. He noted the United States, where President Donald Trump signed an executive order for a Strategic Bitcoin Reserve, has yet to begin active purchases.
Galaxy Digital analysts predict the US may formalize its reserve before year-end.
Despite rising institutional and state interest, Bitcoin’s price has underperformed expectations in 2025, trading at $109,400, down nearly 2% over the past month.
Mow suggested the current bull cycle is delayed and could extend into 2026. He warned that a $1 million Bitcoin price might occur only in response to severe US economic instability, echoing concerns from Galaxy Digital CEO Mike Novogratz.
The trend of nation-state adoption is growing, with sovereign wealth funds and other governments exploring Bitcoin holdings as a hedge against currency devaluation and financial uncertainty.
Analysts caution that early adopters may gain advantage, while corporate treasury strategies face increasing scrutiny as the market matures.
