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France is considering a landmark proposal to establish a national Bitcoin Strategic Reserve, potentially becoming one of the first major economies to formally integrate Bitcoin into its sovereign assets.
According to the bill introduced by French lawmakers Philippe Latombe and Éric Ciotti, the proposal calls for the acquisition of 420,000 BTC – equivalent to roughly 2% of Bitcoin’s total supply – over the next seven to eight years.
The plan also includes provisions to use nuclear and hydroelectric power for Bitcoin mining, aligning with France’s broader energy independence and sustainability goals.
If approved, the move would mark a significant shift in France’s financial policy, positioning Bitcoin as part of the nation’s long-term strategic reserves – alongside traditional assets such as gold and foreign currency holdings.
The proposal arrives amid growing global interest in Bitcoin as a hedge against inflation and a potential store of value for sovereign wealth. Several countries, including El Salvador and Bhutan, have already made steps toward state-level Bitcoin accumulation, but France’s scale and economic influence would make this initiative unprecedented within the European Union.
As of now, the bill is still under consideration, and discussions within the French parliament are expected to intensify in the coming weeks. A successful passage could signal a major step toward mainstream institutional adoption of Bitcoin in Europe and potentially influence other nations to follow suit.