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Roswell, New Mexico, has made history by becoming the first U.S. city to adopt Bitcoin as a reserve asset. The city's Strategic Bitcoin Reserve was kick-started with a donation of 3,050,323 satoshis, valued at approximately $2,906 at the time of the announcement on April 29, 2025.
This pioneering initiative aims to establish a "Bitcoin Emergency Fund," which will accumulate Bitcoin over the next decade through donations and sponsorships. The fund's primary goals include supporting elderly residents with water bills and enhancing the city's emergency response capabilities, showcasing Roswell's forward-thinking approach to financial growth and economic development.
According to their rules, the city authorities' Bitcoin reserves will remain untouched for at least ten years. The enforced holding duration protects funds from immediate market movements so the fund can concentrate on its long-term growth. The use of reserve funds in the future must comply with established oversight protocols.
Roswell’s move aligns with emerging national and international interest in Bitcoin as a financial hedge. The municipality joins numerous local and global public sectors exploring cryptos to enhance financial diversification efforts. Bitcoin Magazine reports that this city policy trend matches the changing federal discourses on Bitcoin’s utility.
The city’s decision also follows comments from Bo Hines, director of the Crypto Advisory Committee, who recently expressed support for Bitcoin reserves in light of former President Donald Trump’s crypto-friendly stance. Hines has stated that such initiatives could strengthen America’s leadership in blockchain adoption.
Roswell’s announcement arrives amid wider institutional and governmental interest in Bitcoin. Arizona’s House of Representatives recently passed legislation to consider Bitcoin a state reserve asset. In parallel, the mayor of Panama City has disclosed intentions to introduce a national Bitcoin reserve policy.
The timing of Roswell’s decision coincides with Bitcoin trading at around $96,334, reflecting a 1.8% gain over the past 24 hours. Despite Bitcoin’s price volatility, city officials are treating the reserve as a long-term strategic asset rather than a short-term speculative investment.
