The government is competing to lock up the Bitcoin reserve. Investors have narrow windows before the accumulation of sovereigns reshapes the entire crypto landscape.
Bitcoin Reserve Momentum Surge as CZ warns that FirstMovers’ advantage will disappear
Binance founder and former CEO Changpeng Zhao (CZ) warns that the windows for investors to buy Bitcoin will be closed quickly before government agencies do it. In a post shared on May 8th via social media platform X, Zhao said:
You can purchase while the government is buying it or after it has been purchased. The “Previous” option has disappeared.
Zhao’s comments came after Arizona became the second US to enact laws establishing strategic Bitcoin reserves. His remarks coincided with a series of policy developments in the US and around the world as the government began to move more and more to formalise its strategic Bitcoin holdings.
In a groundbreaking move, New Hampshire became the first US state to enact a strategic Bitcoin reserve policy. Following the lawsuit, Arizona passed House Bill 2749 and established a reserve fund for digital assets that are not billed to staking rewards or airdrops. Meanwhile, Texas is moving forward with Senate Bill 21, aiming to clear both Senate and House committees and create state-controlled Bitcoin reserves focused on high-market cap cryptocurrencies.
The state is increasingly adopting digital assets in its fiscal strategy, and Bitcoin is seen as a hedging and diversifying tool against inflation. The movement gained momentum after President Donald Trump signed an executive order to create a national Bitcoin Reserve and a wider cryptocurrency stockpile.
The former Binance CEO is now advising governments on crypto policy and preparations, helping countries such as Pakistan and Kyrgyzstan integrate digital assets and blockchain into public systems. His inputs support efforts to diversify national reserves with assets such as Bitcoin and BNB, in line with the global trends in Crypto’s adoption. Despite concerns about volatility, supporters say Bitcoin can protect against financial instability and increase financial sovereignty in the digital economy.