Financial analysts are expressing concerns about the possibility of a U.S. government strategic reserve dedicated to Bitcoin, with some labeling it as a potential scam.

Bitcoin's value has increased by over 50% since early November, surpassing $100,000. This surge in value is fueled by speculation that President-elect Donald Trump may support the establishment of such a reserve. This speculation is partly driven by significant financial contributions from crypto advocates, totaling approximately $135 million, to Trump's campaign and various congressional efforts.

Critics argue that the creation of a Bitcoin reserve could be a major financial mistake, highlighting the risks associated with government involvement in cryptocurrency markets. The future of this initiative is uncertain and depends on the specifics of any proposed plan and the broader implications for the financial landscape.