Central Banks Are Stockpiling Gold: Bitcoin Could Be Next
Central banks significantly increased gold purchases in October 2025, signaling a strategic shift, while Bitcoin is emerging as a potential complementary reserve asset.Summary
Central banks made aggressive gold purchases in October 2025, acquiring a net 53 tonnes, the highest monthly total of the year, driven by concerns over macroeconomic uncertainty and a move away from dollar-denominated assets. Poland and Brazil led this accumulation, marking 2025 as the fourth-highest year for central bank gold buying this century.
This trend is paralleled by growing interest in Bitcoin as a digital reserve asset. In the US, Senator Cynthia Lummis noted that funding for a Strategic Bitcoin Reserve, established by a presidential order, could begin anytime, with the Treasury already holding about 200,000 BTC from seized assets. Economic models suggest Bitcoin reserves could help offset national debt and provide inflation protection.
Furthermore, the momentum is global, with Texas becoming the first US state to buy Bitcoin for its treasury, and Taiwan's legislature urging a review of adding cryptocurrency to its strategic reserves. Analysts project that Bitcoin may appear on central bank balance sheets by 2030, coexisting with gold as a hedge against risk.
(Source：BeInCrypto)