Panama Metropolis Mayor Mayer Mizrachi has sparked hypothesis concerning the metropolis making a Bitcoin reserve, following a cryptic social media put up after assembly with two of El Salvador’s main Bitcoin strategists.
“Bitcoin Reserve,” Mizrachi wrote on X on Might 16, shortly after sitting down with Max Keiser and Stacy Herbert, key figures behind El Salvador’s Bitcoin insurance policies.
Although no formal particulars had been launched, the timing of the put up comes simply forward of Mizrachi’s scheduled look on the Bitcoin 2025 convention in Las Vegas.
Panama Metropolis to Settle for Bitcoin and Main Stablecoins
Mizrachi has beforehand said that Panama Metropolis would settle for Bitcoin, Ether, Tether, and USDC as soon as crypto-to-fiat cost infrastructure is in place.
Nonetheless, a transfer to determine a proper reserve would require legislative backing from Panama’s Nationwide Meeting — a step he has not but taken publicly.
His put up follows related developments in Arizona and New Hampshire, the place state lawmakers handed payments supporting Bitcoin reserves.
In the meantime, Ukraine is reportedly exploring Bitcoin as a part of its nationwide reserves technique.
Throughout their assembly, Keiser indicated that discussions included Bitcoin mining and monetary training.
Let’s see how excessive it goes.
— The ₿itcoin
Libertarian
(@TheBitcoin__) Might 16, 2025
He identified Panama’s hydroelectric sources and El Salvador’s geothermal power as instruments to drive Bitcoin infrastructure throughout Central America.
Herbert, who oversees El Salvador’s Bitcoin Workplace, revealed that Panama Metropolis plans so as to add the nation’s “What’s Cash?” monetary literacy textbook to its on-line library.
The textbook varieties a part of El Salvador’s nationwide curriculum on Bitcoin.
Keiser at the moment serves as a senior advisor to El Salvador’s President Nayib Bukele, whereas Herbert manages coverage implementation.
El Salvador holds over 6,100 Bitcoin, valued at almost $640 million, as a part of its official reserve, a mannequin Panama Metropolis may very well be eyeing because it explores deeper Bitcoin integration.
Public Firms Ramp Up Bitcoin Publicity
Public firms proceed to extend their publicity to Bitcoin, with Michael Saylor’s agency, Technique, main the cost.
The Virginia-based firm just lately introduced it will double its capital-raising efforts to $84 billion with a purpose to purchase extra Bitcoin.
This consists of plans to promote a further $21 billion in widespread inventory, following the complete utilization of a previous program accepted in October.
Along with fairness gross sales, Technique has additionally expanded its debt issuance goal from $21 billion to $42 billion, with $14.6 billion nonetheless accessible beneath the present authorization.
On Monday, Metaplanet additionally expanded its Bitcoin treasury, buying a further 1,241 BTC for about 18.4 billion yen ($126 million).
The newest buy brings the corporate’s complete Bitcoin holdings to six,796 BTC, at the moment valued at over $706 million.
This development displays a broader institutional curiosity in Bitcoin. Throughout the first quarter of the yr, publicly listed corporations collectively grew their Bitcoin holdings by 16.1%, indicating continued confidence within the asset regardless of persistent market volatility.
The put up Panama Metropolis Mayor Teases Bitcoin Reserve Plan After Assembly El Salvador Officers appeared first on Cryptonews.