The reward versus the risk will, if it isnt already, will be far greater that more governments
will look to acquire Bitcoin.

The singaporean government are able to examine and look past the fact that the Bitcoin
network is decentralised and open source to make their decision to buy.

While Bitcoins advantages are being realised by many its perceived risks are diminishing.

With more and more public companies like Tesla and MicroStrategy holding btc in their balance sheet many more companies are moving on to the same path seeing their profits growth.These institutional investors have huge funds in their assest management and investing a small portion does not matter to them and which will give them huge retuns.This company is backed by Singapore government which is major crypto friendly country from the start of its origin and they are trying to invest Sovereign funds into Bitcoin.Temsek have almost $306 billion under its assest management and they have not yet disclosed the amount they are planning to invest in Bitcoin at current.But surely this will lead to some price surge in Market because they will Invest minimum million dollars into market.So let's wait for that time.

No one really knows, until someone put it in public and then everyone started to check out what this company is and how big it was. So it's worth $306 base on their last report. There could be other liberal government secretly investing or shall we say diversifying their portfolio by hedging it to bitcoin or crypto in general. But I like @Lucius point of view as well, let their people invest or at least average joe and not their government because for sure they are going to take a big piece of the pie, and what's left is for us is just small portion that we need to "fight".

Like, since Tesla decided to buy Bitcoin, it has started to make Bitcoin attractive to many parties. I am not surprised that finally Robert Gutmann,
CEO of New York Digital Investment Group gave a positive statement, that the firm is in talks with Sovereign wealth funds regarding
the possibility of investing in Bitcoin. With this positive news regarding Bitcoin continues to emerge, this is exactly what Bitcoin holders hope for.
So that the price of Bitcoin can continue to rise and can provide big profits for Bitcoin holders.

If any countries government buy bitcoin, Then others countries government will be interested to buy bitcoin. It’s very big step to buy bitcoin for a government. Wait to see they how much invest in btc.

As I have opened the link included in the thread, the government who about to buy bitcoin is from Singapore, well we all know how good the country of Singapore even though they are considered as one of the fewest population in Asia, they are still considered as one of the richest countries and it is because of technology, they are advanced in terms of technology so I am not that shocked as they are interested in investing or buying bitcoin. Anyway, this is really good news we might see a good movement with the price of bitcoin soon.

I hope all governments can do this in order to encourage people to use bitcoin. right now I don't think many governments can accept bitcoin, so I think this is a good step for the government

Don't get bullish/bearish because of the news, because market makers often use the news sources to manipulate market, if you want to stay in the market and take some profits from time to time, just learn to disregard almost all kinds of news about crypto whether it's positive(bullish) or negative(bearish).

Where were these companies, governments and institutions were when Bitcoin was $3k-$4k?, you think they were not buying back then?, Why there was no such news about how much Bitcoin they bought when it was that cheap?, well, simply because they wanted to fill their bags and they were not ready for the big push up.

Not a good news at all! Corporate buying into bitcoin market is still somewhat good news but it's not same when government bodies buy into it. It will further centralize the network and government will have the power to manipulate the market to satisfy the banking lobby. That's not good at all!

We will see temporary liquidity flow into the market for sure but seriously need to think - at what cost that might come to us in future.

this article should be read by countries who are still banning the usage of crypto like Saudi, Algeria, or other countries that are still treating bitcoin as illegal. while some governments are already buying their own btc stash, others are still being hard at BTC usage.
this also shows the acceptance of the govt itself. so the companies located in that area will have no prob going into crypto also, it will even encourage merchants to include crypto in their payment system.