The Mayor of Panama moved the talks this week when he suggested construction Bitcoin Fund at the city level. It all started with one line on social media.
Mayer Mizrachi wrote “Bitcoin Reserve” On May 16, he met with Max Keizer and Stacy Herbert, two large names behind the Bitcoin Salvador movements.
MEETING OF INTEREST
According to local sources, Mizrachi sat with Keizer and Herbert to go through the nuts and bolts of Bitcoin policy. The mayor was tight with details.
But time was worthy of attention. He made this post available just before going to the Bitcoin 2025 conference in Las Vegas. It seemed that it was a head, that something more could come.
Bitcoin reserve 🚀
– Mayer Mizrachi (@Mayer) May 16, 2025
Preschool obstacles
Based on reports, the creation of a formal Bitcoin reserve would require voting in the Panama National Assembly. Legislators would have to write and approve the bill first. This process may be stretched.
Committees must study this idea. There would be debates, corrections and budget controls. Only then could the city maintain any Bitcoin reserves in its books.
Panama City to introduce books of the financial school “What is is is is money” to their modern digital libraries.
There is a regional Bitcoin block in Central America!
🇸🇻🤝🇵🇦 pic.twitter.com/7ra2rvdsg
– Stacy Herbert 🇸🇻🚀 (@stacyHerbert) May 15, 2025
Energy plans were discussed
Energy was also on the table. Keizer drew attention to the water potential of Panama i SalvadorGeothermal views. He suggested that green energy can supply Bitcoins mining platforms.
It’s a nice idea: employ low-cost, tidy power to start computers that keep the bitcoins network. But mesh permission and improvements would be needed. Companies and regulatory bodies would have to sign.
Cryptographic payments on the horizon
Mizrachi has already said that Panama City would accept Bitcoin, Ether, Tether and USDC when the payment system is ready. This means building cryptocurrency rails. FinTech banks or partners must support replacement.
And sheltered wallets would be needed to store any coins that the city is taking. The release date was not set. But the plan is in the agenda.
Source: Strategy
Companies massage farms
Not only the governments looking at bitcoins. Public companies are also reached. Michael Saylor Strategy Corp. He just said he would buy more $ 84 billion. This includes the sale of another $ 21 billion in shares.
They also abandoned the debt limit from $ 21 billion to $ 42 billion, and $ 14.6 billion is still open. On the other side of the globe, Metaplanet 1240 BTC added – about 18.50 billion yen or about 127 million dollars. This brings his sum to 6797 BTC, currently worth just over 706 million dollars.
Based on reports, public listed companies have increased their own Bitcoin Stock by 15% in Q1. It shows that many perceive Bitcoin as a core – not just a plant.
A distinguished picture from Unsplash, TradingView chart
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