If the Czech Central Bank approves the use of foreign exchange reserves to exchange for Bitcoin, it may be able to purchase about 69,000 BTC

Odaily reports that according to a previous disclosure by the Financial Times, if the plan proposed by Aleš Michl, the governor of the Czech National Bank, is approved, the Czech National Bank may eventually convert 5% of its 140 billion euro foreign exchange reserves into Bitcoin. Geoff Kendrick, an analyst at Standard Chartered Bank, said that at current prices, the Czech National Bank could hold as many as 69,000 Bitcoins. The country currently known to hold the most Bitcoin is El Salvador, which holds 6,049 Bitcoins. Geoff Kendrick further pointed out that the Swiss National Bank also seems to be moving towards embracing Bitcoin, and activists in Switzerland are collecting signatures to call for a vote on this issue, although it may take some time for Switzerland, but this initiative is significant because Switzerland's foreign exchange reserves are six times that of the Czech Republic. (Businessinsider)