$BTC Is Brazil Going to Buy 1 Million Bitcoin? A Major Government Shock Incoming?
A shocking proposal has resurfaced in Brazil: a national strategic Bitcoin reserve, under which authorization could potentially be granted to purchase up to 1 million BTC.
If approved, this would not be merely a symbolic move — it could become one of the largest government acquisitions in history. Based on the current supply, this would represent a significant portion of circulating Bitcoin being locked onto a government balance sheet.
In an era of rising debt, currency volatility, and geopolitical tensions, strategic BTC reserves are no longer a fringe idea — they are becoming part of formal policy discussions.
If a major economy like Brazil officially takes this step, the narrative could shift from corporate adoption to direct government competition.
