Matt Hougan, chief investment officer (CIO) of Bitwise, responded to news of the Czech Republic's strategic bitcoin reserve plan. Hougan had previously predicted a significant increase in bitcoin adoption this year, noting that "the dominoes are starting to fall". Yesterday, the president of the Czech National Bank (CNB), AlešMichl, said that bitcoin is being considered as part of the diversification of foreign exchange reserves. However, at present, the CNB has no plans to buy crypto assets immediately, and future adoption still needs to be approved by the board of directors. At the same time, the CNB plans to continue to diversify its reserves by purchasing gold, with the goal of increasing its gold holdings to 5% of total assets by 2028.