A Strategic Bitcoin Reserve is a revolutionary financial concept that will change the global monetary system forever
Overview
The Strategic Bitcoin Reserve (SBR) is a governmental initiative to hold Bitcoin as a strategic asset, similar to how countries maintain reserves of gold or oil.
Bitcoin Act of 2024 – Introduced by U.S. Senator Cynthia Lummis on July 31, 2024
Strengthening American Leadership In Digital Financial Technology – U.S. Executive Order signed on January 23, 2025
Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile – U.S. Executive Order signed March 6, 2025
Rationale
- Hedge Against Inflation: Bitcoin’s fixed supply could act as a hedge against inflation, offering diversification to traditional reserve assets like gold or bonds. This could provide stability during times of economic uncertainty or currency devaluation.
- Economic and Geopolitical Leverage: Bitcoin could enhance geopolitical standing by providing an alternative to traditional financial systems, especially in the context of rival nations. It could potentially increase economic leverage through the adoption of Bitcoin-backed stablecoins or by influencing the global financial landscape.
- Debt Management: A Bitcoin reserve could help manage or even reduce national debt. By diversifying into Bitcoin, a nation could potentially offset some of its debt through asset appreciation if Bitcoin’s value increases over time.
- Encouraging Innovation and Economic Growth: A strategic Bitcoin reserve could signal support for blockchain technology and cryptocurrencies, potentially spurring innovation in the financial sector and beyond. This could also involve integrating Bitcoin mining with renewable energy initiatives, aligning with climate goals.
- Market Influence: By creating a significant demand for Bitcoin through government buying, it could stabilize or increase Bitcoin’s price, potentially leading to broader market adoption and reinforcing the dollar’s position as a global reserve currency through the linkage of Bitcoin to the dollar.
- Energy Policy Benefits: Bitcoin mining could be used in conjunction with renewable energy sources, helping to balance energy grids by using excess or off-peak capacity, thereby supporting energy policy objectives.
- Enhance National Cyber-Security: By holding significant Bitcoin, a nation could influence or stabilize the crypto market.
Implementation
The reserve would involve:
- Regular audits and transparency reports to maintain public trust.
- Acquisition of Bitcoin over a period, possibly through direct purchase or from seized assets.
- Secure storage using cold wallets or specialized custody services.
Resources
US State Strategic Bitcoin Reserves
Leaders in the ₿itcoin Revolution
Many talented and successful world leaders and entrepreneurs are bringing bitcoin into the spotlight.
Executive Chairman and Cofounder of Microstrategy
United States Senator of Wyoming
81st President of El Salvador
Strategic ₿itcoin Reserve Updates
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Trump Media Purchased $2 Billion Worth of Bitcoin for Bitcoin Treasury
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Trump Media and Technology Group Corp., operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced the Company has accumulated approximately $2 billion in bitcoin and bitcoin-related securities as part of its previously announced bitcoin treasury strategy. The holdings now comprise around…
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Kazakhstan to Establish Bitcoin Reserve
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Kazakhstan’s National Bank has announced plans to create a Bitcoin and crypto reserve. National Bank Chair, Timur Suleimenov, says the bank is developing a framework for the formation and management of Bitcoin and crypto reserves through a specialized subsidiary. Kazakhstan is a leading bitcoin mining country. The bitcoin reserve will…
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Bill H.R.3798 Introduced to Codify Strategic Bitcoin Reserve
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U.S. Representative Tim Burchett (R-TN) has introduced bill H.R.3798 in the House of Representatives. The bill has been referred to the House Committee on Financial Services. H.R.3798 – To codify Executive Order 14233 relating to establishment of the strategic Bitcoin reserve and United States digital asset stockpile. Executive Order 14233…
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Bitcoin Treasury Firm Twenty One Capital Announces Proof of Reserves
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CEO of Twenty One Capital, Inc., Jack Mallers, has anounced via X the treasury company’s bitcoin proof of reserves is now live. Twenty One's Proof of Reserves is live.Anyone in the world can now audit and verify that we own the #Bitcoin we say we do.You can’t do this with…
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GameStop Buys 4,710 Bitcoin
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GameStop Corp. (NYSE: GME) today announced that it has purchased 4,710 Bitcoin, worth over $500 million. (source) Despite the announcement, GameStop stock dropped $3.81 (-10.88%) to a price of $31.20. GameStop joins a growing list of institutions buying bitcoin as a treasury asset or strategic reserve. Changpeng Zhao, former CEO…
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Trump Media Announces $2.5 Billion Bitcoin Treasury Deal
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Trump Media and Technology Group Corp. (Nasdaq: DJT), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that it has entered into subscription agreements with approximately 50 institutional investors, under which the company agreed to issue and sell approximately $1.5…
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Texas Governor Greg Abbott Says Texas to Establish Strategic Bitcoin Reserve
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Texas Governor Greg Abbott posted on his official X government account the intention of Texas to establish a Strategic Bitcoin Reserve. Abbott reposted an article titled, “Texas Moves to Establish Strategic Bitcoin Reserve: A New Era in State Finance.” Texas Moves to Establish Strategic Bitcoin Reserve: A New Era in…
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New Hampshire Becomes First State to Create Bitcoin Reserve
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New Hampshire law makers have successfully passed HB 302, becoming the first State to establish a strategic bitcoin reserve. The bill allows the state treasurer to purchase digital assets with a market cap of over $500 billion, which would only include Bitcoin at current market prices. New Hampshire Governor Kelly…
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Arizona Governor Katie Hobbs Vetoes Strategic Bitcoin Reserve Bill
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In a shocking turn in the effort by Arizona law makers to establish a Strategic Bitcoin Reserve, Arizona Governor Katie Hobbs vetoes Senate Bill 1025. Hobbs states, “Today, I vetoed Senate Bill 1025. The Arizona State Retirement System is one of the strongest in the nation because it makes sound…