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Reading: Is Panama City Next? Mayor Teases Bitcoin Reserve After Diplomatic Exchange
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Mycryptopot > News > Crypto > Bitcoin > Is Panama City Next? Mayor Teases Bitcoin Reserve After Diplomatic Exchange
Bitcoin

Is Panama City Next? Mayor Teases Bitcoin Reserve After Diplomatic Exchange

May 20, 2025 4 Min Read
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Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure

Panama Metropolis’s mayor stirred up speak this week when he hinted at constructing a metropolis‑degree Bitcoin fund. It began with a single line on social media.

Mayer Mizrachi wrote “Bitcoin Reserve” on X on Could 16. He’d simply met with Max Keiser and Stacy Herbert, two of the massive names behind El Salvador’s Bitcoin strikes.

Assembly Sparks Curious Discuss

In keeping with native sources, Mizrachi sat down with Keiser and Herbert to go over the nuts and bolts of Bitcoin coverage. The mayor was tight‑lipped about particulars.

However the timing was notable. He shared that publish simply earlier than heading to the Bitcoin 2025 convention in Las Vegas. It appeared like a heads‑up that one thing extra might be coming.

mycryptopot

Bitcoin Reserve 🚀

— Mayer Mizrachi (@Mayer) Could 16, 2025

Authorized Hurdles Forward

Based mostly on experiences, creating a proper Bitcoin reserve would want a vote in Panama’s Nationwide Meeting. Lawmakers must write and approve a invoice first. That course of can drag on.

Committees should examine the concept. There’d be debates, amendments and finances checks. Solely then may the town maintain any stash of Bitcoin on its books.

Panama Metropolis to introduce El Salvador’s “What’s Cash” monetary literacy schoolbooks to their new digital libraries.

A regional Central American bitcoin block is rising!

🇸🇻🤝🇵🇦 pic.twitter.com/7Ra2RvDdsG

— Stacy Herbert 🇸🇻🚀 (@stacyherbert) Could 15, 2025

Vitality Plans Mentioned

Vitality was additionally on the desk. Keiser identified Panama’s hydroelectric potential and El Salvador’s geothermal vegetation. He urged that inexperienced vitality may energy Bitcoin mining rigs.

It’s a neat thought: use low cost, clear energy to run the computer systems that maintain the Bitcoin community ticking. However permits and grid upgrades can be wanted. Corporations and regulators must log off.

mycryptopot
BTC is now buying and selling at $103,583. Chart: TradingView

Crypto Funds On The Horizon

Mizrachi has already stated Panama Metropolis will settle for Bitcoin, Ether, Tether and USDC as soon as the funds system is prepared. Which means constructing the crypto‑to‑fiat rails. Banks or fintech companions should deal with the trade.

And safe wallets can be wanted to retailer any cash the town takes in. No launch date’s been set. However the plan is on the agenda.

Supply: Technique

Corporations Bulk Up Holdings

It’s not simply governments eyeing Bitcoin. Public companies are piling in, too. Michael Saylor’s Technique Corp. simply stated it might increase $84 billion to purchase extra Bitcoin. That features promoting one other $21 billion in inventory.

They’ve additionally lifted their debt restrict from $21 billion to $42 billion, with $14.6 billion nonetheless open. On the opposite facet of the globe, Metaplanet added 1,240 BTC—about 18.50 billion yen, or roughly $127 million. That brings its whole to six,797 BTC, now price simply over $706 million.

Based mostly on experiences, publicly listed companies elevated their Bitcoin stash by 15% in Q1. It exhibits that many see Bitcoin as a core holding—not only a facet guess.

Featured picture from Unsplash, chart from TradingView

Editorial Course of for is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our group of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.

Contents
Assembly Sparks Curious DiscussAuthorized Hurdles ForwardVitality Plans MentionedCrypto Funds On The HorizonCorporations Bulk Up Holdings
mycryptopot

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