JPMorgan remains optimistic: "We are optimistic about Bitcoin in 2025"
Global investment bank JPMorgan Chase released a report on Thursday detailing how Donald Trump's recent victory in the U.S. presidential election may boost investment in bitcoin and gold, consistent with the "devaluation trade" approach, the Internet reported. The strategy focuses on buying assets such as gold and bitcoin, which tend to retain value during periods of currency devaluation, which is often stimulated by inflation or fiscal policies that expand the national debt. Analysts at JPMorgan also expect bitcoin to rise further, in part because of Microstrategy's aggressive investment strategy, known as the "21/21 Plan." The strategy aims to raise $42 billion over three years, with the funds divided equally between stocks and fixed-income securities. The report states: "In 2025 alone, MicroStrategies will invest US$10 billion in Bitcoin, which is roughly equivalent to its cumulative purchases since mid-2020!"
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