Czech Central Bank Governor to Present Plan to Add Bitcoin to Its Reserve: FT

Czech National Bank Governor Ales Michl said in an interview with Financial Times (FT) that he will present a bitcoin investment plan to the board on Thursday, which, if approved, could see the apex bank diversify 5% of its $146.13 billion reserves into the leading cryptocurrency by market value.

“For the diversification of our assets, bitcoin seems good,” Michl said, according to an interview published by the FT and quoted by Reuters.

Michl pointed to broader investor interest in the cryptocurrency since BlackRock and others debuted spot ETFs a year ago.

The central bank did not immediately respond to CoinDesk’s request for comment.