🚨 SOVEREIGN RESERVE SHOCKWAVE: FRANCE EYES 420K $BTC 🇫🇷💰
A bill has been introduced in the French Parliament to establish a National Bitcoin Strategic Reserve, positioning BTC as "digital gold" to bolster financial sovereignty.
This is a massive institutional signal that could reshape global crypto strategies.
The Key Proposal Details
The Target: Acquire approximately 420,000 BTC (roughly 2% of the total Bitcoin supply) over the next 7-8 years.
Funding Sources: This isn't just a straight purchase. The plan includes:
Public Mining: Using France's surplus nuclear and hydroelectric energy ⚡️.
Seized Assets: Transferring confiscated crypto to the treasury ⚖️.
Citizen Savings: Allocating a portion of national savings programs (like Livret A) to daily BTC purchases.
Why This Matters for the Market
Sovereign Demand: This introduces a new, massive, and persistent buyer into the market—a G7 economy viewing Bitcoin as a strategic national asset. This is a potential future source of buy pressure that surpasses existing sovereign holdings (like El Salvador).
Institutional Confidence: The move signals state-level support for Bitcoin, potentially encouraging other major European and global economies to explore similar strategies.
Technical Context: With BTC trading around $114,000, this long-term demand narrative could fundamentally change the confidence floor and help fuel a breakout above the current range.
💡 Bottom Line: While the bill, proposed by lawmaker Éric Ciotti, faces legislative hurdles due to his party's limited seats, the fact that a G7 nation is debating a 420,000 BTC reserve is a huge moment. This move shifts the narrative from individual whales and corporate treasuries to national strategic reserves.
The future is being written in Parliament, not just on the charts! 🚀#FranceBTCReserveBill #WriteToEarnUpgrade $BTC