Everything you wanted to know about Bitcoin Strategic Reserve

[JayJuanGee]

you're probably right about Bhutan's approach. I doubt there is a country that will hold BTC forever but reasonable sales will help solve local problems without significantly impacting the market.

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

El Salvador seemed to have had an agenda to publicly promote bitcoin, and I had thought thought that Bhutan was being more covert about their bitcoin activities - including that they were only discovered after their name showed up within the Celsius bancrupcy filings. 

I kind of like the idea of governments being somewhat transparent with its activities, even though surely in some respects (such as their entering into contractual agreements with the IMF) we likely could accuse El Salvador of having some lack of transparency also... .. yet I think that with El Salvador they were trying to suggest that citizens would be able to freely use bitcoin like money in their country and also promoting various educational programs with young people.. and so even if some of their programs were not successful, there had been some degree of non-hostility to the population to be able to use bitcoin without having to worry about tax (accounting) restrictions, and it is a bit unclear from what I have heard the extent to which Bhutan's mining (and profiting from bitcoin) had trickled down to permitting (or lack of hostility) in regards to peer to peer bitcoin transactions within the country.

from the perspective of a true Bitcoin holder, El Salvador's approach appears more attractive while Bhutan's sales weaken BTC itself.

What would they gain from holding Bitcoin indefinitely
At least they are realistic and don't paint themselves as a collector
They see Bitcoin benefit and plan to enjoy from it.

Selling Bitcoin doesn't make Bitcoin less valuable. A BTC is still one BTC
even if they don't sell others would whether real or paper manipulation.

We can say Bhutan cares about the now Benefit while Salvador is more about the future benefit.
If the sales is geared towards a necessity for the people then a little sacrifice for the future could be justified
If there's no now then won't be any future.

That is another thing.  El Salvador talks about and promotes the self-sovereignty angle of bitcoin, to proclaim that their country is attempting to use bitcoin to get out of debt and to reclaim their own counrty sovereignty that is free from debt.. and perhaps with trickle down to the citizenry.  It is unclear how Bhutan interacts with IMF or world financial institutions in regards to bitcoin, including that perhaps Bhutan did not have the same magnitude of debt problems (and historical governmental corruption) like El Salvador said that they were attempting to use bitcoin to overcome.. which surely Bukele's messages have been in line with self-sovereignty ideas..  which seems to include ideas of both governmental and individual (perhaps institutional too) sovereignty through bitcoin as a form of sound money.  I surely appreciate the sound money attributes of bitcoin, whether spending (using) it or not.

[ultrloa]

you're probably right about Bhutan's approach. I doubt there is a country that will hold BTC forever but reasonable sales will help solve local problems without significantly impacting the market.

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

El Salvador seemed to have had an agenda to publicly promote bitcoin, and I had thought thought that Bhutan was being more covert about their bitcoin activities - including that they were only discovered after their name showed up within the Celsius bancrupcy filings. 

I kind of like the idea of governments being somewhat transparent with its activities, even though surely in some respects (such as their entering into contractual agreements with the IMF) we likely could accuse El Salvador of having some lack of transparency also... .. yet I think that with El Salvador they were trying to suggest that citizens would be able to freely use bitcoin like money in their country and also promoting various educational programs with young people.. and so even if some of their programs were not successful, there had been some degree of non-hostility to the population to be able to use bitcoin without having to worry about tax (accounting) restrictions, and it is a bit unclear from what I have heard the extent to which Bhutan's mining (and profiting from bitcoin) had trickled down to permitting (or lack of hostility) in regards to peer to peer bitcoin transactions within the country.

They are so open on public regarding on their plans and developments made on Bitcoin, what good action they have done before or maybe even by now is they make Bitcoin as their legal tender, educate their people to know more about Bitcoin and use it as an alternative options to use for payments on accepting merchants on their country.

While Bhutan they try to hide their operation and everything became questionable especially with their current status now.

What's good about El Salvador is they give their citizens freedom to use Bitcoin and other good thing they do is they implement 0% tax on capital tax gains. Bhutan government  focus only on profits they get on their mining activity, but they are not clear about if they allow their citizen to use Bitcoin as normal currency in their country.

[Zlantann]

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

Bitcoin solved some problems in El Salvador. Cross-border remittance was costing citizens so much in fees. Bitcoin has become an alternative that many El Salvadorans living in diaspora use in sending money home.   

Making Bitcoin a legal tender also attracted some business to El Salvador. These businesses pay taxes and also employ El Salvadorians, which contributes to the economy.   

The profits from hodling Bitcoin could also help in financing some projects in El Salvador in the future.

[laspol65]

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

Bitcoin solved some problems in El Salvador. Cross-border remittance was costing citizens so much in fees. Bitcoin has become an alternative that many El Salvadorans living in diaspora use in sending money home.   

Making Bitcoin a legal tender also attracted some business to El Salvador. These businesses pay taxes and also employ El Salvadorians, which contributes to the economy.   

The profits from hodling Bitcoin could also help in financing some projects in El Salvador in the future.

Bitcoin plays a significant role in transactions against fiat money, because Bitcoin is used as a holding in El Salvador, so Bitcoin will play a significant role in eliminating economic shortages in the future. In this way, seeing El Salvador's Bitcoin holdings, more neighboring countries may be attracted to Bitcoin. In this way, Bitcoin is being used as a strategic reserve in various countries around the world, those who are holding strategic Bitcoin reserves will definitely be able to use Bitcoin to eliminate the economic shortages of their countries in the future.

[nikola22]

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

I tend to agree with you about using Bitcoin to solve actual problems. El Salvador followed the usual path of many countries – forcing the use of Bitcoin. as far as I remember, initially all local merchants were required to accept BTC as a payment method and only later they made it optional. Bitcoin can't be imposed to use by force but people must decide for themselves whether they want to use it.

regarding Bhutan, there's no precise information about how the proceeds from BTC sales are used for. if they're used for actual needs then fine, but if they're used for purchases of jets, helicopters and luxury cars for local officials then ordinary people see little benefit from such actions. it would be nice if ordinary people could participate in decisions about how to spend the proceeds from BTC sales.

Selling Bitcoin doesn't make Bitcoin less valuable. A BTC is still one BTC
even if they don't sell others would whether real or paper manipulation.
We can say Bhutan cares about the now Benefit while Salvador is more about the future benefit.
If the sales is geared towards a necessity for the people then a little sacrifice for the future could be justified
If there's no now then won't be any future.

but sales must be reasonable. If you remember, in 2024 Germany sold around 50 000 BTC in July alone and this had a significant impact on the market.

there are also doubts about how exactly the proceeds from BTC sales are used. it seems to me that in most countries this process is not transparent and decisions are made by officials without regard for the interests of ordinary people.

[moneystery]

🏛️ Arizona's Digital Assets Strategic Reserve Fund bill  advanced in a 4-2 vote this week.

Arizona Senate Bill 1649
Status
Spectrum: Partisan Bill (Republican 1)
Status: Introduced on February 3 2026 - 25% progression
Action: 2026-02-16 - Senate FIN Committee action: Do Pass, voting: (4-2-1-0)
Pending: Senate Rules Committee
Hearing: Feb 23 @ 8:45 am in Caucus Room 1
Text: Latest bill text (Introduced)

After the Arizona state government introduced AZ SB1649 for the Digital Assets Strategic Reserve Fund some time ago, the bill has now advanced to the next stage with a 4-2 vote this week. This is quite good progress considering the bill was only recently introduced and is currently pending in the Senate Rules Committee. Although there are still several steps left, the bill appears to be progressing quite well.



source: https://x.com/BitcoinNews/status/2025572535115620560

AZ SB1649 Progress summary:

✅ Introduced
✅ Passed 2 readings in the Senate
✅ Approved by the Senate Finance Committee
🕒 Pending in the Senate Rules Committee
❌ Not yet approved by the full Senate
❌ Not yet debated/voted on in the House of Representatives
❌ Not yet signed by the Governor

[Derekfunds]

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

Bitcoin solved some problems in El Salvador. Cross-border remittance was costing citizens so much in fees. Bitcoin has become an alternative that many El Salvadorans living in diaspora use in sending money home.   

Making Bitcoin a legal tender also attracted some business to El Salvador. These businesses pay taxes and also employ El Salvadorians, which contributes to the economy.   

The profits from hodling Bitcoin could also help in financing some projects in El Salvador in the future.

Bitcoin plays a significant role in transactions against fiat money, because Bitcoin is used as a holding in El Salvador, so Bitcoin will play a significant role in eliminating economic shortages in the future. In this way, seeing El Salvador's Bitcoin holdings, more neighboring countries may be attracted to Bitcoin. In this way, Bitcoin is being used as a strategic reserve in various countries around the world, those who are holding strategic Bitcoin reserves will definitely be able to use Bitcoin to eliminate the economic shortages of their countries in the future.

I believe the reason why any country will use Bitcoin as a strategic reserve is not because El Salvador is using or holding it but rather the reason a country will use Bitcoin is because of it's potential and value because if they should trace where Bitcoin came from and with the value it holds now, it shows and has proof beyond reasonable doubt that it is worth investing in and the potential of growth is still dangling in Bitcoin and surely it will still surge the more soon or later. However, whatever reserve should be within the country's reach or what they can afford.

[arwin100]

Bitcoin solved some problems in El Salvador. Cross-border remittance was costing citizens so much in fees. Bitcoin has become an alternative that many El Salvadorans living in diaspora use in sending money home.   

Making Bitcoin a legal tender also attracted some business to El Salvador. These businesses pay taxes and also employ El Salvadorians, which contributes to the economy.   

The profits from hodling Bitcoin could also help in financing some projects in El Salvador in the future.

Bitcoin plays a significant role in transactions against fiat money, because Bitcoin is used as a holding in El Salvador, so Bitcoin will play a significant role in eliminating economic shortages in the future. In this way, seeing El Salvador's Bitcoin holdings, more neighboring countries may be attracted to Bitcoin. In this way, Bitcoin is being used as a strategic reserve in various countries around the world, those who are holding strategic Bitcoin reserves will definitely be able to use Bitcoin to eliminate the economic shortages of their countries in the future.

I believe the reason why any country will use Bitcoin as a strategic reserve is not because El Salvador is using or holding it but rather the reason a country will use Bitcoin is because of it's potential and value because if they should trace where Bitcoin came from and with the value it holds now, it shows and has proof beyond reasonable doubt that it is worth investing in and the potential of growth is still dangling in Bitcoin and surely it will still surge the more soon or later. However, whatever reserve should be within the country's reach or what they can afford.

Those countries tried to have that provably got inspired on the actions and decision done by El Salvador. Since no other notable country made some great adaption just like what El Salvador and event by now they remain consistent for adding Bitcoin on their reserve.

Also look at this video shared by amazing video shared by Bitcoin Magazine https://web.facebook.com/share/v/1GPtYaCm2M/ which kids use Bitcoin to pay on McDonalds in El Salvador. This is also good scenario which other country could adopt and they provably make the lives of their citizens if government in other country let this to happen.

[Seven Star7]

LATEST: Missouri's Bitcoin Strategic Reserve Fund bill HB2080 now moves to House Commerce Committee review.

If passed, it will allow the state treasurer to receive, invest, and hold Bitcoin under certain circumstances.

https://x.com/i/status/2025744921928634846

[uche6215]

El Salvador is expanding it's Bitcoin investment to adopt passports for tourists in the country. This is another nice move by the president Nayib Bukele.

Source: Crypto Pulse news.

[moneystery]

El Salvador is expanding it's Bitcoin investment to adopt passports for tourists in the country. This is another nice move by the president Nayib Bukele.

Source: Crypto Pulse news.

I think that's great news, but I don't think this is the right thread to share it. There's a dedicated thread dedicated to topics related to El Salvador ---> El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 <--- . This thread is solely dedicated to Bitcoin's strategic reserves.

[fillippone]

🏛️ Arizona's Digital Assets Strategic Reserve Fund bill  advanced in a 4-2 vote this week.

Arizona Senate Bill 1649
Status
Spectrum: Partisan Bill (Republican 1)
Status: Introduced on February 3 2026 - 25% progression
Action: 2026-02-16 - Senate FIN Committee action: Do Pass, voting: (4-2-1-0)
Pending: Senate Rules Committee
Hearing: Feb 23 @ 8:45 am in Caucus Room 1
Text: Latest bill text (Introduced)

After the Arizona state government introduced AZ SB1649 for the Digital Assets Strategic Reserve Fund some time ago, the bill has now advanced to the next stage with a 4-2 vote this week. This is quite good progress considering the bill was only recently introduced and is currently pending in the Senate Rules Committee. Although there are still several steps left, the bill appears to be progressing quite well.



source: https://x.com/BitcoinNews/status/2025572535115620560

AZ SB1649 Progress summary:

✅ Introduced
✅ Passed 2 readings in the Senate
✅ Approved by the Senate Finance Committee
🕒 Pending in the Senate Rules Committee
❌ Not yet approved by the full Senate
❌ Not yet debated/voted on in the House of Representatives
❌ Not yet signed by the Governor

We are still very far from the Bill coming into law. What is interesting to me is that the number of such bills is growing, despite the price correction in bitcoin. This is good, as it is giving me hope that the legislators comprehend the importance of these laws not for the short-term fluctuations, but for the long-term ones.

[Popkon6]

NEW: 🇺🇸 Florida advances its bill to establish a Strategic Cryptocurrency Reserve Fund.

📜 H1039 passed the House Commerce Committee in a 22-2 vote this week, and would allow the state to invest in cryptocurrencies with a market cap of at least $100 billion.



Source link: https://x.com/i/status/2027482758239457324

If Florida can invest in Bitcoin as per their plan, everyone will definitely benefit if they can buy Bitcoin during this Bitcoin market dip and if they can hold it for a long time, they will be full of success. Their bill passed by a wide margin of 22-2, because the bill was introduced at the right time, so it is already a success, just waiting for the Bitcoin purchase, it will be great.

[fillippone]

would allow the state to invest in cryptocurrencies with a market cap of at least $100 billion.

That would be BTC and ETH for the moment.
Probably, this bar, if set fixed, will be a relatively low one in the future, allowing more and more shitcoins in the Reserve Funds.
Wondering what happens when something like XRP gets added to the potential list.... swarms of lobbyists swooping down Tallahassee (had to google this one)

[moneystery]

🏛️ Tennessee's Strategic Bitcoin Reserve Act clears House committee with a "do pass" recommendation, advancing to Finance.

Tennessee Senate Bill 2639
Status
Spectrum: Partisan Bill (Republican 1)
Status: Introduced on February 2 2026 - 25% progression
Action: 2026-02-24 - Placed on Senate Commerce and Labor Committee calendar for 3/3/2026
Pending: Senate Commerce and Labor Committee
Hearing: Mar 3 in Cordell Hull Building

After the Tennessee state legislature introduced SB 2639 on February 2nd, the bill is currently pending in the Senate Commerce and Labor Committee. There are several more steps for SB 2639 to become a full law, and if successful, it would let the state treasurer allocate up to 10% of certain funds to Bitcoin, not to other digital assets.



SB 2639 Progress summary:
✅ Introduced
🟡 Passed Senate Commerce and Labor Committee
🕒 Pending in Senate Finance, Ways & Means Committee
❌ Not yet approved by full Senate
❌ Not yet debated/voted on in House
❌ Not yet signed by the Governor

[#CapsLOck]

I prefer a usage of Bitcoin that solves actual problems.
In El Salvador people didn’t use Bitcoin. That was a top-down project with no impact in the lives of the citizens.
In Buthan at least there is the wishful thinking (being that a government project) of a positive impact in the people lives. And I bet the amount of Bitcoin the State is holding will make Buthan one of the few nation able to steer their path thanks to Bitcoin.

Bitcoin solved some problems in El Salvador. Cross-border remittance was costing citizens so much in fees. Bitcoin has become an alternative that many El Salvadorans living in diaspora use in sending money home.   

Making Bitcoin a legal tender also attracted some business to El Salvador. These businesses pay taxes and also employ El Salvadorians, which contributes to the economy.   

The profits from hodling Bitcoin could also help in financing some projects in El Salvador in the future.

Bitcoin plays a significant role in transactions against fiat money, because Bitcoin is used as a holding in El Salvador, so Bitcoin will play a significant role in eliminating economic shortages in the future. In this way, seeing El Salvador's Bitcoin holdings, more neighboring countries may be attracted to Bitcoin. In this way, Bitcoin is being used as a strategic reserve in various countries around the world, those who are holding strategic Bitcoin reserves will definitely be able to use Bitcoin to eliminate the economic shortages of their countries in the future.

The idea of a Bitcoin Strategic Reserve is on the rise as governments start considering Bitcoin as a payment method and as a type of strategic financial tool. The example of El Salvador demonstrates that Bitcoin can resolve certain financial issues, particularly the issues of cross-border remittances where the traditional transfer services are rather expensive. Bitcoin presents an option to many citizens to send money back home faster and at reduced costs, which is considered an option by many citizens living abroad. Also, the transition to Bitcoin has contributed to bringing new companies and investment in the cryptocurrency sphere to the country, generating jobs and tax income. Provided that the countries keep holding Bitcoin as a reserve, the overall price may increase in the long term, which will empower the country and enable it to finance future projects.

[Abuobyda218]

Kazakhstan has been increasing its strategic reserves during the joint war between Iran and Israel and the United States, especially Kazakhstan has used this time to increase its investments. Today, Kazakhstan's Central Bank increased the country's strategic reserves by purchasing $ 350 million in Bitcoin. Bitcoin Magazine

[abaeze]

Kazakhstan has been increasing its strategic reserves during the joint war between Iran and Israel and the United States, especially Kazakhstan has used this time to increase its investments. Today, Kazakhstan's Central Bank increased the country's strategic reserves by purchasing $ 350 million in Bitcoin. Bitcoin Magazine

Kazakhstan is not only increasing its strategic reserves, but also diversifying its investments in the name of increasing its reserves. When every new sovereign state enters Bitcoin through its national reserve, it clearly means that the state legitimizes the people of that country to invest or use Bitcoin, although so far many countries in the world have banned its use. Their move will make the next entry easier and an example for everyone else.

Although the central bank of Kazakhstan, with a population of only 20 million, took a $350 million BTC position, it is ambitious for many, but their government has done it. This is basically a big step in diversifying its reserves. I hear that Kazakhstan has already created a strong energy infrastructure suitable for mining. If this is true, then this is the next natural step for a sovereign state to hold Bitcoin. That is, Bitcoin adoption at the state level is now a reality.

[nikola22]

Kazakhstan has been increasing its strategic reserves during the joint war between Iran and Israel and the United States, especially Kazakhstan has used this time to increase its investments. Today, Kazakhstan's Central Bank increased the country's strategic reserves by purchasing $ 350 million in Bitcoin. Bitcoin Magazine

Reuters says that $350 million won't be allocated only to BTC. Kazakhstan's central bank governor Timur Suleimanov said  "We are currently developing ​a list of instruments in which we ⁠will invest. This includes not only ​cryptocurrency itself. These include shares of high-tech ​companies related to cryptocurrencies and digital financial assets, index funds and other instruments that exhibit similar ​dynamics to crypto assets".

https://www.reuters.com/business/finance/kazakhstan-central-bank-invest-up-350-million-crypto-assets-2026-03-06/

so if half of $350 million is allocated to BTC then it will be good. although I think they'll allocate less than half.

[Ambatman]

https://www.coindesk.com/markets/2026/03/06/vancouver-mayor-s-bitcoin-investment-proposal-blocked-by-city-provincial-law

A little push back which is understandable with Bitcoin current performance
Though Gold isn't any better.
They have had a push back that Bitcoin legally can't be used as a reserve
Mayor is in but the legal system is cautious in nature and prefer government securities.

They show interest when it's green and chicken out when it's Red