The Czech Republic's central bank governor, Alex Michl, has stated that adding bitcoin BTC $ 77,420.00 to the bank's reserves could improve performance but warned that its volatility is higher than other assets and represents a risk. Despite this, Michl acknowledged that all assets face the risk of losing their entire value and cautioned that it is not wise to bet on one asset. The Czech National Bank became the first central bank worldwide to purchase bitcoin in November, creating a $1 million test portfolio with BTC, a USD stablecoin, and a tokenized deposit.