McGregor Proposes Bitcoin Reserve Amid $105,000 Surge

Conor McGregor, the former UFC champion and current independent presidential candidate in Ireland, has proposed the establishment of a strategic Bitcoin reserve in Ireland. This bold initiative aims to empower the Irish people by aligning with the principle of financial sovereignty that underpins Bitcoin. McGregor, who announced his candidacy in March 2025, has been vocal about his vision for Ireland, focusing on issues such as crime reduction and strict immigration policies.

Ask Aime: How will the Irish government respond to Conor McGregor's proposal for a Bitcoin reserve?

McGregor's proposal comes at a time when Bitcoin has experienced a significant rally, surging to over $104,000. He plans to discuss his vision further during an upcoming X Spaces event, inviting key figures in the Bitcoin community to join the conversation. McGregor has reached out to influential figures such as crypto advisor David Bailey, indicating his seriousness about the initiative.

The idea of a national Bitcoin reserve is unprecedented in Ireland and would face significant political and regulatory challenges. Only a few nations, including the U.S. and el Salvador, have explored the concept of sovereign Bitcoin reserves. McGregor's proposal, if implemented, would require navigating complex political and regulatory landscapes, especially given his status as an independent candidate without party backing.

McGregor's credibility in the crypto space has been questioned due to the failure of his previous blockchain venture, the REAL project. The project, which aimed to merge crypto and gaming, failed to meet its $1 million funding goal during its April pre-sale, raising only $392,315 before issuing refunds to investors. Additionally, McGregor is currently appealing a civil conviction for sexual assault and has faced investigations over hate speech, adding to his controversial profile.

Despite these challenges, McGregor's proposal for an Irish Bitcoin reserve highlights the growing interest in cryptocurrencies as a means of financial empowerment. The idea of giving power back to the people through decentralized financial systems resonates with many, and McGregor's initiative could spark a broader debate about the role of cryptocurrencies in national economies. As Ireland prepares for its next presidential election, scheduled no later than November 11, 2025, McGregor's proposal will likely continue to fuel discussions about the future of digital assets and their potential impact on financial sovereignty.

McGregor's renewed interest in cryptocurrency and economic policies is partly due to his recent visit to the White House, where he received public support from the President of the United States. This endorsement has bolstered his confidence in pushing for crypto reform in Ireland. However, McGregor's past controversies, including accusations of sexual assault and investigations into hate speech, have put him under intense media scrutiny, which could complicate his political ambitions.

McGregor's proposal for a Bitcoin reserve in Ireland is ambitious and unproven, but it has sparked significant debate. The idea of a national Bitcoin reserve is not new, with several countries considering the possibility of owning sovereign Bitcoin reserves. However, Ireland has yet to take any action in this regard. McGregor remains optimistic that a Bitcoin reserve could enhance the resilience of Ireland's currency and provide the nation with greater control over its financial system.

McGregor's proposal aligns with the recent surge in Bitcoin's value, which has reached a record high of $105,000. This has intensified discussions about Bitcoin's financial future and its potential as a reserve currency. McGregor is optimistic about Bitcoin's prospects and sees it as a viable candidate for the reserve currency position. He plans to emphasize the importance of partnering with top Bitcoin experts during his upcoming X Spaces event, where he will further elaborate on his vision.

McGregor's proposal has gained notable attention, but it has also provoked debate due to its ambitious and unproven nature. The idea of a national Bitcoin reserve is unprecedented in Ireland and would face significant political and regulatory challenges. However, McGregor's initiative highlights the growing interest in cryptocurrencies as a means of financial empowerment and could spark a broader debate about the role of digital assets in national economies.