Panama City’s mayor aroused calls this week when he suggested building a City level bitcoin fund. It all started with a single line on social media.
Mayer Mizrachi wrote “Bitcoin Reserve” May 16th. He had just met Max Keizer and Stacy Herbert, two of the big names behind El Salvador’s Bitcoin movements.
Meeting Sparks Curious Talk
According to local sources, Mizrachi sat down with Keizer and Herbert to cross the nuts and bolts in the Bitcoin policy. The mayor was tight about details.
But the time was remarkable. He shared that post just before he went to the Bitcoin 2025 conference in Las Vegas. It seemed like a heads -up that something more could come.
Bitcoin reserve 🚀
– Mayer Mizrachi (@Mayer) May 16, 2025
Legal obstacles ahead
Based on reports, it would need a vote in Panama’s national congregation to create a formal Bitcoin reserve. Legislators would have to write and approve a bill first. That process can pull.
Committees must study the idea. There would be debates, changes and budget checks. Only then could the city hold some stash with Bitcoin on its books.
Panama City to introduce El Salvador’s “What is Money” Financial Literacy Schoolbooks to their new digital library.
A regional Central American Bitcoin block shows up!
🇸🇻🤝🇵🇦 pic.twitter.com/7ra2rvdddsg
– Stacy Herbert 🇸🇻🚀 (@stacyherbert) May 15, 2025
Energy plans discussed
Energy was also on the table. Keizer pointed out Panama’s hydroelectric potential and ELSALVADORGeothermal plants. He suggested that green energy could drive Bitcoin mining rigs.
It’s a nice idea: Use cheap, pure power to run the computers that hold the Bitcoin network tick. But permits and grid upgrades would be needed. Companies and supervisory authorities must log out.
Crypto payments on the horizon
Mizrachi has already said that Panama City will accept Bitcoin, Ether, Tether and USDC when the payment system is complete. This means building crypto -To -fiat rails. Banks or fintech partners must handle the exchange.
And safe wallets would be needed to store all the coins that the city takes in. No launch date has been canceled. But the plan is on the agenda.
Source: Strategy
Company as bulk up holdings
It’s not just governments that see Bitcoin. Public companies are also stacking in. Michael Saylor’s Strategy Corp just said it would collect $ 84 billion to buy more bitcoin. It includes selling another $ 21 billion in stock.
They have also highlighted their debt limit from $ 21 billion to $ 42 billion, with $ 14.6 billion still open. On the other side of the world, The meta plane Added 1,240 BTC – about 18.50 billion yen, or about $ 127 million. It gives a total of 6,797 BTC, now worth just over $ 706 million.
Based on reports, publicly listed companies increased their Bitcoin Stash with 15% during the first quarter. It shows that many people see bitcoin as a core attitude – not just a side game.
Image from Unsplash, charts from TradingView
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