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Czech central bank sees Bitcoin as a risky but beneficial reserve asset for portfolio diversification.

Market News
29 Apr 2026
Zycrypto
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Neutral
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Aleš Michl, governor of the Czech National Bank, proposed including Bitcoin in central bank reserves to improve portfolio returns despite its high volatility. He highlighted that Bitcoin's price can be very unpredictable, even risking total loss, but argued that a small allocation (around 1%) could enhance returns without significantly increasing overall risk due to Bitcoin's low correlation with traditional assets. This move follows the bank's initial digital asset purchase in 2025 and aligns with global trends of some countries integrating Bitcoin into national financial strategies. Michl emphasized the importance of preparing for structural changes in the financial system and sees Bitcoin as part of the future of reserve management.

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