A major proposal has resurfaced in Brazil: the creation of a national strategic Bitcoin reserve, potentially authorizing the purchase of up to 1,000,000 BTC.$OM
If approved, this wouldn’t be symbolic — it would rank among the largest sovereign asset acquisitions in history.
🔥 Why This Is Massive for Bitcoin
Supply Shock Risk: 1 million BTC represents nearly 5% of total supply. Locking that onto a government balance sheet would dramatically reduce circulating liquidity.
Institutional Acceleration: This could trigger a domino effect, pushing other nations to consider similar reserve strategies.
Narrative Shift: The story moves beyond ETFs and corporations — into sovereign-level competition.
Price Implications: Reduced supply + rising global demand = structural upward pressure over time.
🌍 Bigger Picture
With rising sovereign debt, currency instability, and growing geopolitical fragmentation, Bitcoin is increasingly viewed as a neutral, borderless reserve asset.$BAT
If Brazil — one of the world’s largest emerging economies — formalizes this move, it could redefine how governments think about reserve diversification.
The conversation would no longer be “Should institutions buy Bitcoin?”$ZEC
It would become:
“Which country buys next?”