Wall Street Veteran Calls Bitcoin's ATH Break Before Year-End as Strategic Reserve Bill Takes Shape

A 22-year Wall Street veteran is putting his reputation on the line: Bitcoin breaks above all-time highs before the end of 2025. The thesis rests on Bitcoin's identity as the "purest AI trade" — a scarce asset that AI cannot replicate and will not destroy, sitting at the intersection of institutional narrative and hard supply limits.

On the policy front, Congressman Nick Begich is introducing legislation to formally establish a Strategic Bitcoin Reserve, targeting 5% of all circulating supply — equivalent to the share of global gold the US currently holds. The funding mechanism is unconventional: Treasury seizures of crypto assets tied to Iran under Operation Economic Fury, meaning no taxpayer outlay. Republicans have a self-imposed window to pass the bill before midterms flip the legislative math.