A government-backed chipmaker has taken a significant step towards expanding its cryptocurrency holdings, surpassing the 3,000 Bitcoin mark and aiming to accumulate 100,000 BTC. This move reflects the growing trend of institutional investment in Bitcoin and aligns with government initiatives for large-scale crypto reserve policies. The chipmaker’s initiative is bolstered by regulatory support for digital assets, as evidenced by recent legislation and increasing interest from major companies like Elon Musk and Donald Trump who are actively investing in Bitcoin. This accumulation has a positive impact on the cryptocurrency market, boosting Bitcoin’s value and reflecting confidence among investors.