public officials in control of government treasuries turning into bitcoin bulls? we're obviously entering a new era! is this just the beginning---next stop, central banks?
It's only natural that after institutional investors joining, the government investors will come too, though it might still take a long time before it will happen on a large scale. They don't want to invest in something that still has some reputation of being a bubble, tulip, etc.
if they follow through, would this be the first direct investment of government funds into bitcoin?
Yes, I don't think there's ever been official Bitcoin investment done by governments, if we don't count (supposed?) actions of Venezuela, North Korea, Iran when they buy crypto to avoid sanctions.