Katalin Tischhauser, the investment research director of Swiss encrypted bank Sygnum, predicts that for every $1 billion invested in the US strategic Bitcoin reserve, the market value of Bitcoin will increase by about $20 billion through the multiplier effect. The report pointed out that due to the limited supply of Bitcoin liquidity, new demand will cause significant upward price shocks, with $19 billion of growth coming from demand shocks and limited supply squeeze effects. Tischhauser said that the first and second rounds of $1 billion capital inflows will mainly digest existing demand, while the third and fourth rounds of capital inflows will face a more restricted supply environment, thereby accelerating price increases.