Key Insights:
- Paris Saint-Germain adds Bitcoin to its treasury reserve during BTC 2025 event.
- Pakistan and Panama City unveil plans to create national Bitcoin reserves.
- Eric Trump sees Bitcoin hitting $170K while Adam Back targets $1M in 5 years.
- Analyst spots TD Sequential buy signal near $106.9K Bitcoin support level.
Paris Saint-Germain football team intends to add Bitcoin to its reserve for the first time. The announcement made at Bitcoin 2025 reflects the same approach taken by cities and nations worldwide. This supports bullish views and confident predictions on BTC price.
Paris Saint-Germain Announces Plans for a Bitcoin Reserve
Paris Saint-Germain (PSG), one of Europe’s most prominent football clubs, has officially entered the world of digital assets by adding BTC to its treasury reserve. The announcement came during the Bitcoin 2025 conference, where a PSG representative confirmed the move on stage.
Notably, the club’s representative did not give details about the amount of Bitcoin bought, but he highlighted how embracing innovative finance is necessary. PSG joins a growing list of global entities integrating BTC into their treasury strategies, signaling broader adoption beyond traditional tech and finance industries.
Besides, this change shows how major sports organizations are adjusting their management of funds using blockchain technology. In using Bitcoin, PSG is showing support for financial decentralization and improving its reputation as an innovative club on the field and with its investments.
Bitcoin Growing Adoption by Nations and Institutions
Similarly, Pakistan is planning to open a national BTC reserve, as revealed by Bilal Bin Saqib, the new leader of the National Crypto Council. On May 29 at the Bitcoin 2025 conference in Las Vegas, he made it clear that the country will treat Bitcoin as a key asset, showing a big change from earlier doubts.
Intriguingly, this initiative aims to integrate BTC into Pakistan’s long-term asset management framework. This makes the nation similar to others that have begun considering the role of sovereign crypto assets in their portfolios. Consequently, Pakistan will be positioned to be part of the developing global financial system that includes digital assets.
Moreover, Panama City has officially announced plans to establish a strategic BTC reserve, joining the growing number of jurisdictions embracing digital assets. The announcement marks a pivotal moment for the city, indicating a deeper commitment to integrating crypto within its financial planning and long-term economic resilience strategies.
As a result, Paris Saint-Germain and Pakistan adopted Bitcoin in their reserves, showing that it is being accepted more widely around the world. Panama City’s move also indicates that more places are turning to BTC as a secure store of value, even as traditional ways of holding currency get less certain.
Bitcoin Price Predictions at the 2025 Conference
At the BTC 2025 conference, bold BTC price projections underscored growing confidence in the asset’s long-term value. Eric Trump, President Donald Trump’s son, forecasted a near-term Bitcoin price target of $170,000, citing accelerating institutional adoption and shrinking exchange supply.
At the same time, Blockstream CEO Adam Back stated that Bitcoin price might reach $1 million within five years. He pointed out that halving cycles result in fewer Bitcoin available and that governments are accumulating more.
Amid these developments, analyst Ali Martinez pointed out that Bitcoin price reached the lower boundary of its current trading channel, historically acting as a strong support zone. The chart revealed a TD Sequential “9” buy signal flashing on the hourly time frame, suggesting a potential rebound may be imminent.
Furthermore, this indicator has a history of aligning with upside moves after brief pullbacks. If $106,900 holds as a support level, BTC price may try to move higher toward $108,500 in the next leg up.
Disclaimer
In this article, the views and opinions stated by the author. Or any people named are for informational purposes only, and they don’t establish the investment. Financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
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