Brazil Bitcoin: Preparing to Acquire 1 Million BTC?

by Ibrahim Khalil - World Editor
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Very popular when Donald Trump came to power, most Bitcoin strategic reserve projects seem to be taking the path of that of the United States: awaiting effective regulatory adoption. This does not prevent the Brazilian Congress from taking advantage of it to add an acquisition clause set at 1 million BTC over 5 years.

Brazil revises its copy for a strategic Bitcoin reserve

Since Donald Trump made it one of the central elements of his pro-crypto presidential campaign, the prospect of developing strategic reserves of Bitcoin has spread like a trail of satoshi in the regulatory discussions of many countries around the world.

Procedures sometimes abandoned following unfavorable votes, or blocked at the feasibility study stage, as in the recent case of Taiwan which aims to hold the 8th state reserve in Bitcoin in the world with its BTC seized in the context of legal proceedings.

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A stock composed of 210.45 BTC (around 14 million dollars) which could well be (largely) outstripped by Brazil’s ambitions, if we are to believe the recent addition made to its bill presented to Congress, regarding an acquisition procedure which would involve up to 1 million BTC in total.

For comparison, the United States stands out as the largest BTC holding country in the world, with a stock (328,372 BTC) currently estimated at $22 billion, far ahead of China (190,000 BTC) and the United Kingdom (61,245 BTC) on the 3rd step of the podium.

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An accumulation of up to 1 million BTC over 5 years

According to the terms of this bill, the Brazilian Sovereign Strategic Reserve in Bitcoin (RESbit) now provides “ the planned and progressive acquisition of bitcoins as strategic reserve assets of the Union in order to accumulate at least 1,000,000 BTC (one million bitcoins) over 5 (five) years ».

A notable change, since the previous text envisaged “ only » an allocation of 5% of Brazil’s foreign exchange reserves to purchase BTC, in order to “ diversify the assets of the National Treasury with an asset immune against inflation and against confiscation by third parties ».

🗞️ $400 million in crypto seized by the US government – Heading to the strategic reserve?

In addition to this significant amount, the amended law also involves a ban on the sale of BTC seized by judicial authorities, an acceptance of Bitcoin as a means of payment for federal taxes, and incentives for companies that mine and hold Bitcoin.

Depending on the price of BTC at the time of writing (around $67,000), this acquisition could represent a total value estimated at $67 billion, or 3 times greater than that of the BTC reserve currently held by the United States.

A stock of Bitcoin whose management will return to the Brazilian central bank as part of the National Treasury, if it manages to pass all the legislative and regulatory stages that await it.

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Source : Bill

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date: 2026-02-13 16:05:00

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