Swedish parliamentarians have initiated a discussion on the formation of a strategic national reserve in Bitcoin. Dennis Diukarev and David Perez, representatives of the Sweden Democrats party, have appealed to parliament with a proposal to explore the possibility of creating a digital currency reserve to complement the country’s existing gold and foreign currency reserves. They believe that the responsibility for managing this reserve should be assigned to the Riksbank or another appropriate state institution.
This is reported by Business • Media
Bitcoin as a Strategic Asset for Sweden
In the initiative submitted on October 1, 2025, the MPs called on the government to investigate the mechanisms for establishing a state reserve in Bitcoin, outlining which institution should administer these assets. Among the main arguments, they highlighted Bitcoin’s potential for diversifying state assets, protection against inflation, and the high liquidity of the cryptocurrency. “By creating a strategic reserve of Bitcoins, Sweden is preparing for potentially disruptive changes in the global financial infrastructure,” the proposal states.
“By creating a strategic reserve of Bitcoins, Sweden is preparing for potentially disruptive changes in the global financial infrastructure,” the proposal states.
Diukarev and Perez also recommend that the government officially confirm that there are no plans to change the definition of legal tender in the country or to implement a central bank digital currency (CBDC). They emphasize that Bitcoin can serve as a digital equivalent of gold, acting as an additional tool for preserving the value of state assets.
Global Experience and Arguments for Crypto Reserves
Among the advantages of creating a Bitcoin reserve, the MPs highlighted:
- Diversification — Bitcoin is not subject to the monetary policy of individual countries and is less vulnerable to political or geopolitical risks.
- Inflation Protection — unlike fiat currencies, the number of Bitcoins is limited to 21 million, ensuring its resilience against devaluation.
- High Liquidity — the cryptocurrency trades 24/7, and transactions are quick and inexpensive compared to traditional international transfers.
- Innovation — Bitcoin is already among the largest global assets, alongside silver and leading global corporations.
In July 2025, Bitcoin ranked fifth in the global asset ranking by market capitalization, and as of October, it is in seventh place. Experts from CryptoQuant predict that Bitcoin’s market capitalization could reach $5 trillion given the current hash rate.
Sweden’s initiative reflects a global trend towards the formation of state crypto reserves. In March of this year, U.S. President Donald Trump signed an executive order to create a national Bitcoin reserve. Similar steps have already been taken by Bhutan, El Salvador, and the United Arab Emirates, while the United Kingdom, China, Poland, and the Czech Republic are also considering or already have reserves of confiscated digital assets.
Diukarev and Perez propose that to launch the Bitcoin reserve, Sweden should transfer confiscated crypto assets to the management of the Riksbank or another responsible entity without additional burden on the budget.
“The Scandinavian country has a unique opportunity to join the digital race and take its place among nations that recognize Bitcoin’s potential,” emphasized Diukarev and Perez.
Experts and global financiers, including Robert Mitchnick from BlackRock and the Chair of the U.S. Federal Reserve Jerome Powell, have also previously compared Bitcoin to digital gold and noted its potential for state reserves.