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Wednesday, November 27, 2024

Government Bitcoin reserves


Bitcoin trackers are now laregely available:


Bitcoin reserve monitor

Created on Jan 16, 2025


Bitcoinlaws

Bitcoinlaws is a Bitcoin strategic reserve tracker announced the jan 28, 2025 on x.com


We cant go back, we are mooving forward. This post will no longer be updated.


All information in this post is the result of research and estimates, and is NOT OFFICIAL. it's not an end, can serve only as a basic starting point if you are looking for information about national, state or local governments cryptocurrency reserves in the world

do your own search


The amount can go from 3% to 10% selected funds. The united states is no longer the only country thinking about a Bitcoin strategic reserve, it means that others will probably announce their plans to purchase BTC in the coming months.

Government are not speculators, if they buy, they will hold for a long period of time. if there is few sellers and short supply, the price will go up.


Updated: Feb 09, 2025


A- Countries

  1. Reserves _ Actively buying
  2. Reserves _ Bills
  3. Plans, No bill

B- States

  1. Reserves _ Bills
  2. Reserves _ Portion not defined
  3. Reserves _ no investment
  4. Other than reserves
  5. Plans, No bill

C- Cities

D- Wait and see

E- Bitcoin compared to other strategic reserve


A- Countries

1- Reserves _ Actively buying

Expected Gov Status Have Plan To purchase
17 Nov 2024 El Salvador Actively purchasing BTC 6,053.18 BTC 1 every day ~USD36M/Y
TOTAL ~USD36M/Y

2- Reserves _ Bills

Expected Gov Status Have Plan To purchase
25 Nov 2024 Brazil Bill 0 USD 16.25B ~USD 16.25B
15 Jul 2025 USA executive order (Bill and a Draft) BTC 198,109 BTC 1M ~USD 80 B
TOTAL ~USD 100 B

3- Plans, No bill

Expected Gov Status Have Plan To purchase
05 Sep 2024 Venezuela idea
17 Nov 2024 Poland Election campaign
24 Nov 2024 Suriname Election campaign
09 Dec 2024 Russia Proposal
09 Dec 2024 China Prediction
09 Dec 2024 Argentina Could
31 Dec 2024 Switzerland Proposal
02 Jan 2025 Syria Idea
06 Jan 2025 Chile Proposal
10 Jan 2025 Germany Proposal
25 Jan 2025 South Africa Yes and No 5%
02 Feb 2025 india reviewing
01 Mar 2025 Czech Proposal
TOTAL

B- States

Texas concentrate an important number if not the majority of crypto mining data centers operated by public companies. and probably that's why the bill came with a formula [ALLOWS...TEXANS TO VOLUNTARILY DONATE]

Each state has a plan on how to fill the bitcoin reserve, 3 ways are mentioned:

  • investment,
  • donations,
  • unclaimed of forfeited property, interim money

All informations in this section is the result of research and estimates, and are NOT OFFICIAL. it's not an end, can serve only as a basic starting point if you are looking for information about state governments cryptocurrency reserves.

do your own search


Updated: Feb 09, 2025


1- Reserves _ Bills

in USD millions.

Expected Gov Limit Status Have Plan To purchase
01 May 2025 Pennsylvania 10% Bill 0 1,704 1,704
05 May 2025 New Hampshire 10% Bill 0 931 931
07 May 2025 Utah 10% Passed House 0 326 326
30 Jun 2025 Arizona 10% passed finance committee 0 386 386
01 Jul 2025 New Mexico 5% Bill 0 2,589 2,589
01 Jul 2025 Florida 10% Bill-Filled 0 26,455 26,455
05 Jul 2025 Wyoming 3% Bill 0 512 512
10 Jul 2025 Massachusetts 10% Bill 0 832 832
01 Sep 2025 Texas(a) 1% Bill(unencumbered and unexpended balance) 0 x x
01 Nov 2025 Oklahoma 10% Bill 0 847 847
TOTAL 34,682 34,682

(a)- Texas has 2 bills, find the second bill bellow.


2- Reserves _ Portion not defined

Expected Gov Limit Status Have Plan To purchase
25 Jun 2025 North Dakota Portion HB1184 Failed in house 0 x x
15 Jul 2025 Montana Legislative Bill 0 x x
28 Aug 2025 Missouri Portion Bill HB1217 0 x (5y hold) x
05 Nov 2025 Ohio interim money Bill HB703 0 x x
15 Nov 2025 Ohio multi-source Bill SB57 0 x(d) x
TOTAL x x

(d) 5 years holding


3- Reserves _ no investment

Source of deposit into the reserve can be: gifts, grants, donations.

Expected Gov Status Have Plan
07 Apr 2025 illinois bill 0 hold 5y
06 May 2025 Texas(b) bill 0 hold 5y
01 Oct 2025 Maryland bill 0
TOTAL 0

(b)- Texas has 2 bills, find the second bill above.


4- Other than reserves

investment in USD millions.

Expected Gov Limit Status Type Plan To purchase
01 Jul 2025 Indiana bill ETF Investment 5,284 5,284
02 Jul 2025 South Dakota 10% Bill Investment 132 132
03 Jul 2025 Missouri 10% Bill Investment 1,067 1,067
04 Jul 2025 Kentucky 10% Bill HB376 Investment excess cash
TOTAL 6,478 6,478

5- Plans, No bill

Expected Gov Limit Status Have Plan To purchase
06 Apr 2025 X presumably buying 0
07 Apr 2025 Kentucky plans 0
06 Aug 2025 Florida idea 0
01 Dec 2025 California Drafting a bill 0
29 Dec 2025 North Carolina Study 0
30 Dec 2025 Aabama Calls 0
31 Dec 2025 South Carolina Agenda 0
31 Dec 2025 Hong Kong Proposal 0
TOTAL

C- Cities

Date Gov Status Have Plan To purchase
12 Dec 2024 Vancouver exploring feasibility 0
26 Dec 2024 Gelephu /Bhutan enacted
19 Jan 2025 roswell NM rumours!? US$3,000
TOTAL

D- Wait and see

Other countries are for now not interested in Crypto as reserve asset

Date Gov Status Have Plan To purchase
27 Nov 2024 South Korea wait and see 0 0
26 Dec 2024 Japan has no plans
27 Dec 2024 Cambodia banned
27 Jan 2025 UK may sell
30 Jan 2025 EU against




E- Bitcoin compared to other strategic reserve

Some data in the table below are estimate only and not official. Please visit the official pages in the links

Name Asset Unit Quantity Price us$ M
national uranium reserve uranium 75
the northeast home heating oil reserve heating oil 1M 147.42 147.42
emerson humanitarian trust grain 282
national defense reserve rare earth 888
Strategic national stockpile medical 965
federal reserve Gold stock troy ounce 42.22 19,043
Strategic petroleum reserve oil WTI Barrel 379,656,000 71.83 27,270
Strategic Bitcoin Reserve Bitcoin 1,000,000 125,000 125,000


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