Germany’s AfD Proposes Adding Bitcoin to National Reserves, Following France’s Lead
- AfD proposes adding Bitcoin to Germany’s national reserves for diversification and inflation protection.
- The motion marks a shift from past Bitcoin selloffs toward strategic crypto accumulation.
- France’s similar initiative signals a growing European interest in sovereign Bitcoin reserves.
Germany’s Alternative for Germany (AfD) party has presented a motion to establish a national Bitcoin reserve, positioning the digital asset as part of the country’s long-term financial strategy. The proposal seeks to diversify Germany’s holdings beyond gold and foreign currency, marking a significant policy shift from last year’s government liquidation of seized Bitcoin.
If approved, the move would make Germany the first major European nation to officially hold Bitcoin as part of its state reserves. The AfD, Germany’s second-largest opposition group, argues that Bitcoin can serve as protection against inflation and as a counterbalance to traditional monetary systems. The motion also promotes Bitcoin as “state-free money,” suggesting it could protect personal and national autonomy compared to the proposed digital euro.
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From Seller to Holder
The initiative follows the government’s sale of nearly 50,000 BTC, valued at US$3 billion (AU$4.58 billion) in 2024. Critics claimed the sale forfeited a chance to maintain a valuable reserve asset. With Bitcoin now trading around US$113,000 (AU$172,000), those coins would be worth US$6.5 billion (AU$9.91 billion).
AfD’s motion suggests the government accumulate Bitcoin equivalent to 2% of total global supply, portraying it as a modern version of gold within sovereign reserves. The party also urges policymakers to maintain existing tax benefits on long-term holdings and to shield non-custodial wallet providers and miners from unnecessary regulation.
France has introduced a similar concept through lawmaker Éric Ciotti’s bill proposing a “National Bitcoin Strategic Reserve,” aiming for 420,000 BTC. Together, these European initiatives highlight increasing acceptance of Bitcoin as a strategic reserve asset and signal the continent’s growing interest in digital monetary independence.
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