Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The mayor of Panama Mayer Mizrachi caused speculation about the city and created a bitcoin reserve, after a cryptic social medium after a meeting with two leading bitcoin strategists Salvador.
“Bitcoin Reserve,” Mizrachi he wrote On May 16, shortly after sitting with Max Keizer and Stacy Herbert, key characters for Bitcoin’s policy El Salvador.
Although no formal details have been published, the timing of the paper comes before the planned performance of Mizrachi at the Bitcoin 2025 conference in Las Vegas.
Panama City to accept Bitcoins and Main Stablecoins
Mizrachi already before said the city of Panama It would accept bitcoins, ether, tether and USDC as soon as the crypto-violet payment infrastructure is introduced.
However, the movement to create a formal reserve would require legislative support from the Panama National Assembly – a step that has not yet been publicly.
His contribution builds on a similar development in Arizona and New Hampshire, where state lawmakers approved accounts supporting bitcoin reserves.
Meanwhile Ukraine is reportedly Bitcoins examining under their National Reserves Strategy.
During their meeting, the Keizer indicated that the discussion involves mining Bitcoins and financial education.
We’ll see how it goes.
– ₿itcoin
Libertarian
(@Thebitcoin__) 16. May 2025
He pointed to Panama’s hydroelectric sources and geothermal energy Salvador as a tool for controlling bitcoin infrastructure throughout Central America.
Herbert, who oversees the bitcoin office Salvador, revealed that Panama City plans to add a country “What is money?” Textbook of financial literacy to your online library.
The textbook is part of the National Curricula Salvador on Bitcoin.
Keizer currently serves as head advisor to President Salvador Nayib Bukele Salvador, while Herbert manages the implementation of policy.
Salvador holds more than 6,100 bitcoins, worth almost $ 640 million, as part of its official reserve, the Panama City could be monitored because it examines deeper bitcoins integration.
Public companies increase the exposure of bitcoins
Public companies continue to increase their exposition of Bitcoin, with Michael Saylor’s company, strategies, and leads accusations.
The company based in Virginia has recently announced that it will double its capital increase Efforts for $ 84 billion in order to get more bitcoins.
This includes plans to sell another $ 21 billion for ordinary shares after full use of the previous program approved in October.
In addition to selling its own strategy capital, it has also expanded its object to issue debt from $ 21 billion to $ 42 billion, while $ 14.6 billion is still available according to the current permit.
Monday metaplanet also expanded its bitcoin box office, Obtaining another 1,241 BTC For approximately 18.4 billion yen ($ 126 million).
The latest purchase brings the company’s overall shares to $ 6,796, currently worth more than $ 706 million.
This trend reflects a wider institutional interest in bitcoins. During the first quarter of the year, jointly mentioned companies publicly listed have grown their bitcoin holding by 16.1%This suggests a continued confidence in the asset despite the persistent volatility of the market.
Contribution Mayor of Panama City is teasing the Bitcoin Plan after meeting with Salvador officials He appeared for the first time Cryptonews.
