Germany’s AfD Proposes National Bitcoin Reserve as Strategic Hedge
The Alternative for Germany (AfD) party has filed a motion in the Bundestag to create a national bitcoin reserve, positioning bitcoin as digital gold and a strategic hedge against inflation. The proposal follows last year’s controversial sale of 50,000 BTC seized in criminal probes—liquidated for $3 billion but now worth over $6.5 billion at current prices. AfD highlights bitcoin’s capped supply and decentralization, calling it “state-free money” ideal for long-term reserves. The motion insists on preserving tax exemptions for holdings over one year, protecting self-custody rights, and supporting private mining and Lightning Network activities. It also proposes using surplus renewable energy for mining to back Germany’s energy transition. If approved, Germany would become the first major economy with an official bitcoin reserve, potentially spurring broader EU recognition of bitcoin’s role in fiscal diversification, monetary sovereignty and crypto regulation.
Bullish
Establishing a national bitcoin reserve in a major economy is a clear bullish signal. In the short term, anticipation of official demand may drive bitcoin traders to buy BTC, tightening supply and lifting prices. Over the long term, Germany’s move could legitimize bitcoin as a reserve asset, prompting other central banks and institutional investors to allocate BTC, further supporting price appreciation and market maturity.