John D’Agostino, Head of Strategy for Coinbase Institutional, says he expects more Eurozone countries to purchase Bitcoin following the Czech Republic’s move to acquire the digital asset.

“The fact that a Eurozone central bank is taking on, it’s a small amount, it’s a million dollars of Bitcoin, but they’re putting Bitcoin in their national treasury, and they are experimenting with and learning in real time using Bitcoin for payments,” he said.

“That type of thing is contagious. And I can see more Eurozone companies following suit very, very shortly,” he added.

The Czech Republic’s central bank (CNB) acquired Bitcoin as part of a $1 million test portfolio of digital assets in November 2025. The bank’s portfolio also includes a USD-backed stablecoin and a tokenized deposit.

The move aims to evaluate Bitcoin’s role in future payments and reserves amid growing institutional adoption, with results to be shared in 2-3 years.