Brazilian Legislators Propose Allocating 5% of the Nation's $370 Billion Treasury to a Bitcoin Strategic Reserve

Strategic Bitcoin reserves have gained traction among various governments and jurisdictions in recent months, touted as an economic safeguard and political rallying point.

Brazilian legislators have proposed allocating 5% of the nation’s treasury to a Bitcoin strategic reserve.

The proposed bill would limit Brazil’s reserves to approximately $18.5 billion worth of BTC, currently valued at $1.83 trillion.

The bill, if passed by the Chamber of Deputies, will move to the Federal Senate and then to the President for approval.

Several governments and jurisdictions have established strategic Bitcoin reserves in recent months.

Samson Mow, CEO of Jan3, advised Germany to buy Bitcoin before Donald Trump was re-elected in the U.S. The country, however, emptied its $3 billion BTC vault in July when BTC traded below $54,000. Bitcoin changed hands above $91,000 at press time, reaching $99,600 this month. BTC gains translate to over $1.5 billion in missed profits for the German government.

Bloomberg senior opinion columnist Merryn Somerset Webb encouraged the new Labor-led British administration to “rebuild Britain” with its $5 billion trove.

Polish minister and presidential aspirant Sławomir Mentzen promised to create a BTC reserve if elected in 2025. President Trump tapped crypto industry expertise for cabinet members focused on digital asset policy. Talks of appointing a “Crypto Czar” and establishing a new White House crypto role added to market euphoria. In the U.S. Senate, Wyoming’s Cynthia Lummis pushed to buy 4% of Bitcoin’s supply over five years.

The rush to embrace Bitcoin showed no signs of fatigue as BTC captured sovereign and geopolitical mindshare. Whether through criminal seizures in China, mining in Bhutan, or reserve proposals in the U.S. and Brazil, nations increasingly viewed the cryptocurrency as a must-have.