Skip to content

France Unveils Bold Plan For State-Backed Bitcoin Strategic Reserve

Photo by André François McKenzie / Unsplash

France has introduced a landmark bill to purchase 2% of Bitcoin’s total supply, aiming to establish Europe’s first national Bitcoin Strategic Reserve.

The bill, set to be presented by UDR President Éric Ciotti to the French National Assembly, proposes that the government acquire roughly 420,000 BTC over the next seven to eight years to strengthen financial sovereignty and hedge against global monetary instability.

The proposal also outlines plans to power Bitcoin mining with France’s nuclear and hydroelectric energy, aligning with the country’s clean energy goals. France’s Capital B treasury, which already holds over 2,200 BTC, is positioned to lead the initiative.

This move follows France’s earlier five-year Bitcoin mining plan, launched in July to utilize surplus electricity and generate up to $150 million in revenue. The legislation could position France as a global pioneer in state-backed Bitcoin accumulation.

Also read:

What AI Means For Growth And Jobs
By Philippe Aghion, Simon Bunel, Xavier Jaravel, Project Syndicate | October 28, 2025 While many commentators warn that AI will undermine employment and offer only modest productivity gains, empirical studies continue to suggest otherwise. With the right policies in place, the technology holds immense potential to drive both growth and employment.
China Pushes New Frontiers In Space And Deep Sea, Challenging U.S. Dominance
China is intensifying its technological race with the West, expanding its influence into new frontiers — the Arctic, deep sea, outer space, and cyberspace. This week, Beijing announced a record-breaking Arctic Ocean expedition using its Tan Suo San Hao vessel, marking it as the only nation capable of continuous manned dives

Comments

Latest