As governments worldwide begin stockpiling bitcoin, private investors face a rapidly closing window of opportunity according to crypto pioneer and former Binance CEO Changpeng Zhao (CZ).
His stark message highlights a significant shift in the digital asset landscape that could reshape investment strategies for years to come.
On the digital platform X, Changpeng Zhao (@cz_binance) posted on May 8: “You can buy while governments are buying or after they have bought. The “before” option is disappearing.” while sharing an update on Arizona’s hallmark strategic crypto reserve bill being signed into law.
You can buy while governments are buying or after they have bought. The “before” option is disappearing. https://t.co/D82QQ0MY84
— CZ 🔶 BNB (@cz_binance) May 8, 2025
Government Bitcoin Reserves Gain Legitimacy
The trend of governmental bitcoin adoption is picking up across the United States, likely narrowing the window of opportunity for retail investors to increase their holdings before potentially outsized price gains or possible restrictions.

New Hampshire made history as the first state to establish an official bitcoin reserve, quickly followed by Arizona’s House Bill 2749, which creates a fund for unclaimed digital assets including staking rewards and airdrops. Texas is following suit with Senate Bill 21, which has already cleared multiple legislative hurdles on its path to establishing a state-managed bitcoin reserve.
This state-level movement gained substantial momentum after former President Donald Trump signed an executive order creating a national bitcoin reserve and broader cryptocurrency stockpile. These initiatives reflect a growing consensus among public officials that bitcoin serves as both an inflation hedge and portfolio diversification tool.
Closing Window For Private Investors
CZ’s statement comes from a position of unique insight, as the Binance founder now advises several governments on cryptocurrency policy and blockchain integration, including Pakistan and Kyrgyzstan.
CZ has consistently emphasized the importance of building proper infrastructure and regulatory frameworks to facilitate the adoption of digital currencies within public systems. His advisory work supports governmental efforts to diversify national reserves with bitcoin and other digital assets like Binance Coin (BNB).
While critics continue to express concerns about bitcoin’s price volatility, proponents argue that it offers enhanced monetary sovereignty and protection against financial instability in an increasingly digital economy.
The growing involvement of governmental entities in bitcoin accumulation marks a pivotal shift in the crypto landscape, as implications extend beyond simple asset acquisition. As states and nations establish formal bitcoin reserves, they simultaneously create regulatory frameworks that legitimize the cryptocurrency ecosystem.
For retail investors, this evolution presents both challenges and opportunities, as crypto accelerates its journey toward mass adoption while simultaneously seeing new market dynamics that could impact its volatility and and accessibility.
With bitcoin trading at $102,589 as of writing time, the race between private investors and governments to secure their share of the limited 21 million bitcoin supply appears to be intensifying. As CZ’s warning suggests, early-mover advantages for private investors are quickly fading as institutional and governmental adoption transforms bitcoin from a fringe investment to a mainstream reserve asset.