China’s BTC reserve is inevitable: Changpeng Zhao predicts that China will ultimately establish a Bitcoin reserve. Although the nation’s policies on cryptocurrency remain unpredictable, Zhao sees the buildup of a BTC reserve as inevitable due to Bitcoin’s status as a ‘HARD’ asset.

Smaller nations will move first: Zhao believes smaller nations will be the first to adopt a Bitcoin reserve strategy. Their decisions may be influenced by the strategic actions expected from the U.S. Under Donald Trump’s administration, highlighting a potential shift in global cryptocurrency policy.

No evidence of Chinese Bitcoin stockpiling: To date, there is no concrete indication that China has started accumulating Bitcoin. Zhao notes that he would not be surprised if the government chooses to quietly build a reserve before making any public announcements, underlining their usually opaque decision-making process.