Brazil Advances Plan to Establish Massive National Bitcoin Reserve

TL;DR

• Strategic Proposal: Brazil revived legislation to create a Strategic Bitcoin Reserve that could authorize the acquisition of up to 1 million BTC, signaling a shift toward sovereign-level Bitcoin exposure.
• Debate Dynamics: Supporters cite financial independence and long-term strategy, while critics warn about volatility, fiscal risk, and unclear funding and custody plans.
• Market Backdrop: Bitcoin recently moved above $68,000 before consolidating, with neutral RSI readings and cooling MACD momentum, keeping attention on how Brazil’s initiative might influence global discussions on Bitcoin in national reserves.
  

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Brazil has reopened debate over sovereign Bitcoin accumulation after reviving legislation that would authorize the creation of a Strategic Bitcoin Reserve. The proposal outlines a framework for the country to acquire up to 1 million BTC, a scale that would place Brazil among the most aggressive state-level adopters of the asset. The renewed push signals a potential shift from regulatory oversight toward direct national exposure to Bitcoin as a strategic financial instrument.

🇧🇷BRAZIL REVIVES STRATEGIC BITCOIN RESERVE BILL

Brazil has reintroduced a proposal to create a national Strategic Bitcoin Reserve, allowing the country to acquire up to 1 MILLION BTC.

If approved, it would mark one of the largest sovereign Bitcoin accumulation plans in the… pic.twitter.com/vzT4B4iX5V

— Coin Bureau (@coinbureau) February 13, 2026

Supporters Highlight Strategic and Monetary Benefits

Proponents argue that a national Bitcoin reserve could strengthen Brazil’s long-term financial positioning. They view Bitcoin as a hedge against currency volatility and a tool for enhancing economic sovereignty in a rapidly evolving global monetary environment. Supporters also frame the initiative as a forward-looking move that aligns Brazil with emerging trends in digital asset adoption among governments exploring alternative reserve strategies.

Critics Warn of Volatility and Fiscal Risk

Skeptics are expected to raise concerns about Bitcoin’s historical price swings and the fiscal implications of accumulating such a large position. The proposal’s upper limit of 1 million BTC represents a significant capital commitment, making questions around funding sources, acquisition pacing, and custody arrangements central to the legislative debate. Critics caution that without clear implementation details, the initiative could expose Brazil to heightened financial risk.

Market Context Shows Bitcoin Holding Key Levels

Bitcoin’s recent price action adds another layer to the discussion. BTC recently pushed above $69,000 before consolidating, with indicators such as the Relative Strength Index sitting near neutral levels. The Moving Average Convergence Divergence shows cooling momentum following a sharp impulse move. This combination of technical resilience and renewed sovereign accumulation narratives has kept market attention focused on Bitcoin’s next directional move.

If approved, Brazil’s initiative could reshape its reserve strategy and influence broader global conversations about Bitcoin’s role in national treasuries. A move of this scale would likely accelerate international debate over whether digital assets should complement or compete with traditional reserves. Brazil’s decision may ultimately serve as a catalyst for other nations evaluating similar strategies.