Luxembourg
Luxembourg's finance minister announced the sovereign wealth fund has allocated 1% of assets to Bitcoin and selected BTC as its sole crypto holding. The move underscores growing government-level confidence in Bitcoin as a strategic portfolio allocation.
Luxembourg has become one of the first European states to allocate public funds directly to Bitcoin, and the finance minister suggested other nations will follow. The move marks a high-profile sovereign bet on crypto as a reserve asset.
Luxembourg's finance minister confirmed a 1% sovereign allocation to Bitcoin and said other countries will follow, echoing Michael Saylor's 'no 2nd best' remark. The announcement coincided with the Czech National Bank launching its first digital-asset pilot, lifting European crypto attention.
The Czech Republic and Luxembourg have disclosed holdings of Bitcoin as strategic reserve assets, following recent sovereign moves abroad. Officials framed the allocations as a hedge against inflation and broader macroeconomic uncertainty.
Luxembourg says it has used public funds to buy Bitcoin and its finance minister expects more countries will follow. The move positions Luxembourg among early European adopters of direct government investment in BTC.
Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) invested 1% of its $730M holdings in Bitcoin ETFs, becoming the first state-level fund in the Eurozone to do so. Authorized to allocate up to 15% in alternative assets, FSIL highlights Bitcoin's growing maturity. Learn how platforms like Bitlet.app can help you enter the crypto market with flexible payment options.