Bitcoin News Today: Philippines Proposes 10000 BTC Reserve to Hedge National Debt Over 20 Years

The Philippines is moving closer to what could be a landmark transformation in its economic strategy, with lawmakers proposing a bill to establish a national Bitcoin reserve. House Bill 421, introduced by Congressman Migz Villafuerte, seeks to create a strategic Bitcoin reserve managed by the Bangko Sentral ng Pilipinas (BSP). The bill outlines a plan for the central bank to acquire 2,000 Bitcoin (BTC) each year over five years, accumulating a total of 10,000 BTC. The reserve would be stored in cold storage across multiple secure locations and held for 20 years to mitigate systemic risks [1].

The proposed initiative is framed as a strategic diversification of the country’s financial assets, particularly amid global economic uncertainties and rising inflation [2]. Villafuerte, chair of the House Committee on Information and Communications Technology, argues that Bitcoin can serve as a long-term hedge against national debt and a tool for enhancing financial stability. The bill has not yet been debated or passed but has already triggered discussions on the role of digital assets in national finance [3].

If enacted, the Philippines would become the first country in Asia to hold a sovereign Bitcoin reserve. The 10,000 BTC target represents a significant investment, especially given Bitcoin’s historical performance over the past decade. The move aligns with a broader global trend where nations are beginning to explore the use of Bitcoin as a means of securing financial resilience [4]. Similar developments occurred earlier in 2025, when the U.S. government signed an executive order to create a digital asset reserve, indicating a growing international interest in the asset class [5].

The reserve would be held in a trust and only used in times of economic distress to stabilize the country’s debt burden. The 20-year lock-up period reflects a long-term strategy, aiming to avoid the asset’s short-term volatility and instead leverage its potential as a durable store of value [6]. Analysts have suggested that the Philippines’ initiative could set a precedent in the region, particularly as Bitcoin adoption continues to gain momentum [7].

Recent market activity has seen Bitcoin reaching a record high of $124,128 on August 14, 2025, following the approval of 11 spot ETFs in the previous year. However, the asset has since corrected, with its price falling to around $112,000 amid investor anticipation of the Federal Reserve’s Jackson Hole meeting. Market sensitivity to macroeconomic signals remains high, and further price fluctuations could influence the feasibility and perception of the proposed reserve [8].

The bill, though still pending, highlights a growing legitimacy of digital assets in policy discussions. If passed, it would not only diversify the Philippines’ financial holdings but also mark a bold step toward a more digitally integrated national economy [9].

Source:

[1] title: Philippines HB 421 files to establish a Strategic Bitcoin

url: https://www.cryptopolitan.com/philippines-hb-421-files-for-bitcoin-reserve/

[2] title: The Philippines Proposes Strategic Bitcoin Reserve to

url: https://watcher.guru/news/the-philippines-proposes-strategic-bitcoin-reserve-to-tackle-debt

[3] title: Philippines Weighs Bitcoin Reserve Bill Targeting

url: https://btctimes.com/philippines-weighs-bitcoin-reserve-bill-targeting-10-000-bitcoin/

[4] title: Philippines May Become First in Asia to Hold 10000 BTC

url: https://coinpedia.org/news/philippines-may-become-first-in-asia-to-hold-10000-btc-national-bitcoin-reserve/

[5] title: More Bitcoin Adoption Worldwide?

[6] title: Philippines Proposes Strategic Bitcoin Reserve under

url: https://coincentral.com/philippines-proposes-strategic-bitcoin-reserve-under-house-bill-421/

[7] title: Philippines Proposes Strategic Bitcoin Reserve under

[8] title: The Philippines Proposes Strategic Bitcoin Reserve to

[9] title: Bitcoin News Today: Philippines Proposes 10000 BTC

url: https://www.ainvest.com/news/bitcoin-news-today-philippines-proposes-10-000-btc-reserve-5-years-hedge-debt-2508/