🪙 Sats Per Share - 01/03/2025
Tracking Bitcoin adoption in treasuries and strategic reserves.
This article originally appeared in Sats Per Share.
🏦 Swiss Bank's Bitcoin Gambit Takes Shape
A groundbreaking initiative in Switzerland could make history as the first mandate requiring a national bank to hold Bitcoin. Led by Tether's VP Giw Zanganeh, the proposal needs 100,000 signatures by June 30th to trigger a national referendum. With Lugano already embracing Bitcoin payments, Switzerland continues to position itself at the forefront of crypto adoption.
🏛️ Trump's Bitcoin Play Could Spark Global Chain Reaction
The ripple effects of a potential U.S. Bitcoin reserve under President-elect Trump could be massive. Metaplanet's CEO predicts that if Trump follows through on his campaign promise, Japan and other Asian nations will quickly follow suit. The company's own success story—a staggering 1900% share surge from Bitcoin holdings—adds weight to their forecast.
🇭🇰 Hong Kong Eyes Bitcoin Reserve Status
Hong Kong is making waves with a bold proposition. Lawmaker Wu Jiexhuang is pushing to add Bitcoin to the region's reserves, leveraging their unique "one country, two systems" framework. This move follows their recent Virtual Asset Index Series launch and upcoming crypto exchange licensing program, signaling strong institutional commitment to digital assets.
🇸🇾 Syria's Bitcoin Lifeline
In a bid to stabilize its struggling economy, Syria's Center for Economic Research (SCER) is exploring Bitcoin integration into its financial system. The ambitious plan includes creating a Bitcoin-backed digital Syrian pound, though challenges remain around infrastructure and adoption. The SCER emphasizes economic recovery as the primary goal, marking another potential national-level Bitcoin adoption case.
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