Roswell Makes History as First U.S. City to Adopt Bitcoin as a Reserve Asset
Highlights
- Roswell, New Mexico, becomes the first U.S. city to adopt a Bitcoin reserve.
- The city has received 3,050,323 satoshis (0.03050323 BTC) as part of the initiative.
- Roswell will hold Bitcoin donations and sponsorships for a minimum of 10 years.
- The mayor of Panama City announces plans to adopt Bitcoin as a national reserve asset.
In the latest development in Bitcoin reserve adoption, Roswell, New Mexico, has officially designated BTC as a reserve asset. By diversifying its treasury, Roswell becomes the first U.S. city to establish a Strategic Bitcoin Reserve.
This move reflects a broader trend of governments exploring crypto assets, with Bitcoin increasingly viewed as a viable reserve asset in public finance.
Roswell, New Mexico, Adopts Strategic Bitcoin Reserve
In a historic move, Roswell, New Mexico, has become the first U.S. city to officially adopt Bitcoin as a reserve asset. The announcement was shared by Bitcoin Magazine through a recent post on X (formerly Twitter), marking a significant milestone in municipal crypto adoption.
The city received its first Bitcoin donation of 3,050,323 satoshis (approximately 0.0305 BTC), valued at around $2,906 at the time of the transaction. This donation, received on April 29, 2025, will serve as “seed money” for Roswell’s Strategic Bitcoin Reserve initiative.
Inside Roswell’s Bitcoin Reserve Plan
As outlined in official city filings, Roswell plans to hold all Bitcoin donations and sponsorships for a minimum of 10 years, aiming to gradually build a substantial reserve. Once the fund reaches a $1 million threshold, it will be designated as a “Bitcoin emergency fund.”
At that stage, city authorities may access up to 21% of the fund every five years, but only with unanimous City Council approval. The fund’s primary goals include supporting emergency disaster responses and subsidizing water bills for elderly residents in need.
This initiative follows strong support from Bo Hines, Director of the Crypto Advisory Committee, who has praised the idea of Bitcoin reserves. Hines also noted that Donald Trump’s crypto-forward policies could position the U.S. as a global blockchain leader.
A Growing Global Trend Toward Bitcoin Reserves
Roswell’s move reflects a growing global trend of governments and municipalities exploring Bitcoin as a strategic asset. In the U.S., the Arizona House of Representatives recently voted to support the creation of a Bitcoin reserve fund.
Internationally, Panama City’s mayor has announced intentions to adopt Bitcoin as a national reserve asset, signaling increased interest in crypto-backed financial strategies for public resilience and innovation.
