Brazil Unveils Bill to Build 1 Million Bitcoin Reserve Using RESBit
Brazil on Feb. 15, 2026 unveiled a historic bill that would direct the government to build a reserve of 1 million Bitcoin over a five-year period using a mechanism called RESBit, with purchases funded and guaranteed by portions of the country’s national reserves. The legislation frames Bitcoin as a strategic reserve asset and sets a structured acquisition timeline intended to smooth market impact while securing crypto exposure on the sovereign balance sheet.
If enacted, the plan would represent by far the largest single sovereign accumulation of BTC, carrying significant implications for global supply dynamics, price discovery, and how central banks view digital assets. Markets will watch parliamentary debate and implementation details—especially governance, custody, and risk disclosures—because the move blends traditional reserve management with a new class of digital asset risk and could accelerate other countries’ interest in crypto for reserve diversification.