🇮🇳 India Considers Bitcoin Reserves Amid US “FOMO”
BJP leader Pradeep Bhandari has publicly called for India’s government to explore a strategic Bitcoin reserve, citing the U.S. and Bhutan as examples .
In the U.S., the Strategic Bitcoin Reserve was launched in March 2025 by executive order, built from ~200,000 forfeited BTC .
Bhutan, meanwhile, used hydropower to mine and accumulate over $1 B in $BTC
BTC
107,256.24
+0.08%
highlighting a model India could follow .
🔑 Why This Is Important
Economic diversification: India aims to reduce reliance on USD and gold reserves.
Regulatory evolution: Bhandari emphasized the need for “clarity” in India’s crypto policies to unlock responsible institutional participation .
Global momentum: With nations like the U.S. and Bhutan embracing Bitcoin as a national hedge, India’s move would mark a significant shift in traditional reserve strategies.