TL;DR
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
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.
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.
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.
Also read: Chainalysis: Crypto Flows to Trafficking Networks Surge 85%
