Fidelity Digital Assets (Fidelity Digital Assets) predicts that 2025 will be a turning point for bitcoin adoption, with more countries, central banks, sovereign wealth funds, and government treasuries expected to buy bitcoin to build strategic reserves. The report notes that as inflation rises, currencies depreciate, and fiscal deficits widen, allocating bitcoin may be better able to weather macroeconomic headwinds than not allocating it. Fidelity analyst Matt Hogan said that bitcoin as a strategic asset may attract more countries to adopt a cumulative strategy, although some countries may make secret purchases to avoid driving up market prices.