Bitcoin Reserve Creation Craze Continues to Spread! Giant Blockchain Project Also Prepares to Create Bitcoin Reserve! Here Are the Details
Members of the Polkadot community have submitted a new proposal to create a Bitcoin Strategic Reserve for the network's Treasury.
Polkadot Community Proposes Bitcoin Strategic Reserve Using Treasury Funds
The plan currently being discussed on the Polkadot governance forum proposes allocating 501,000 DOT (Polkadot’s native token) to gradually purchase tBTC, a decentralized, Bitcoin-backed token.
Under the proposal, the tBTC purchase will be carried out over a period of one year using Hydration’s Rolling Dollar-Cost Averaging (DCA) mechanism, providing a stable and risk-free entry into the Bitcoin position.
Once purchased, tBTC will be deposited into the Hydration Omnipool as liquidity, leveraging the Threshold Network’s custody-free Bitcoin bridge to maintain full decentralization and asset security.
Proponents of the proposal argue that the move would diversify the Treasury’s holdings, provide a hedge against market volatility, and promote cross-chain liquidity in the Polkadot ecosystem. The proposal is still in the discussion phase and has not yet been put to an on-chain vote.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s Pre-Mania Phase May Signal Potential Historic Trends in 2025

XRP Treasury Investments Near $1 Billion Mark
SharpLink Gaming Acquires 176,270 ETH at Notable Cost
Cardano Diversifies Treasury with $100M ADA Conversion
Trending news
MoreCrypto prices
More








