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The Mayor of Panama City spoke this week when he identified to construct a Bitcoin fund at town level. It all began with a single line on social media.
Mayer Mizrachi wrote “Bitcoin Reserve” on May 16. He had just met Max Keizer and Stacy Herbert, two of the massive names behind El Salvadors Bitcoin -Moves.
Meet Sparks curious conversations
According to local sources, Mizrachi sat down with Keizer and Herbert to cross the nuts and Bitcoin guidelines. The mayor was tight with details.
But the timing was remarkable. He shared this post shortly before the rise to the Bitcoin 2025 conference in Las Vegas. It appeared like a heads -up that a bit of more could come.
Bitcoin reserve 🚀
– Mayer Mizrachi (@mayer) May 16, 2025
Legal hurdles ahead
Based on reports, the creation of a proper Bitcoin reserve within the National Assembly of Panama would require a vote. The legislator would first have to put in writing and approved an invoice. This process can dress.
Committees have to check the concept. There could be debates, changes and budget tests. Only then could town keep a Bitcoin supply in its books.
Panama City to present El Salvador's school books for financial competence in “What Is Money” in her latest digital libraries.
A regional central American Bitcoin block is created!
🇸🇻🤝🇵🇦 pic.twitter.com/7ra2rvddsg
– Stacy Herbert 🇸🇻🚀 (@stacyherbert) May 15, 2025
Energy plans discussed
Energy was also on the table. Keizer identified to Panama's hydropower potential and El Salvador's geothermal plants. He suggested that green energy Bitcoin mining devices could supply electricity.
It's a pleasant idea: Use low-cost, clean performance to perform the computers that tick the Bitcoin network. But permits and network upgrades could be required. Companies and supervisory authorities would need to unsubscribe.
BTC now acts at USD 103,583. Diagram: Tradingview
Crypto payments on the horizon
Mizrachi has already said that Panama City Bitcoin, Ether, Tether and USDC will accept as soon because the payment system is prepared. That means constructing the crypto -to -fiat rails. Banks or FinTech partners must manage the exchange.
And secure wallets could be needed to maintain all of the coins that town occupies. No start date was set. But the plan is on the agenda.
Source: strategy
Companies attract the stocks
It isn’t just governments that observe Bitcoin. Public firms are also stacked. Michael Saylors Strategy Corp. Just said it will collect 84 billion US dollars for purchasing more Bitcoin. This includes the sale of shares of one other 21 billion US dollars.
They also lifted their debt limit of 21 to 42 billion US dollars, with 14.6 billion dollars still open. On the opposite side of the world, MetaPlanet added 1,240 BTC – over 18.50 billion yen or around 127 million US dollars. This brings its total amount to six,797 BTC, now a worth of just greater than 706 million US dollars.
Based on reports, publicly listed firms increased their Bitcoin stock by 15%in the primary quarter. It shows that many Bitcoin see nuclear attitude – not only as a secondary bet.
Selected picture of Unsplash, Diagram from Tradingview
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