More States, Countries Consider Adding BTC to Their Coffers
- Bitcoin reserves are becoming a global trend, with many entities adding BTC to their balance sheets.
- Notably, Brazil is moving to establish a sovereign Bitcoin reserve, with high crypto adoption rates bolstering its potential.
- A Russian lawmaker has also recently proposed creating a Bitcoin reserve as the country deals with international sanctions.
- Florida and Pennsylvania in the US are planning to add Bitcoin to their financial strategies, joining other regions like Vancouver and Bern.
There is a growing trend making its way around the world: countries, states and companies are all racing to catch up with it – Bitcoin reserves.
Adding Bitcoin to the balance sheet is the latest trend, and it seems…