I think that governments will utilize bitcoin so much more than just a strategic reserve. They will refine energy consumption methods around the mining and advocate for less takes and promote higher earnings amongst their citizens if they want adoption to take place. Perhaps Nations will certainly be many of the whales but I just thing there are too many OV whales that outnumber these nations
Nations can make it up to the list of whales but they can’t outnumber the already existing ones who have started accumulating and mining bitcoin right from the early days, government have the resource to make things work and make their citizens to also join the queue but their is limit to the extent that they can go make things work.