Roswell City in the United States establishes a strategic Bitcoin reserve and emergency fund

金色财经|Apr 30, 2025 09:30
On April 30th, according to official documents and images released by Bitcoin Magazine, Roswell, New Mexico, officially confirmed the receipt of its first Bitcoin donation totaling 3050323 Satoshi (approximately 0.0305 BTC), with a market value of approximately $2906 at the time. The donation serves as "seed funding" to initiate and establish the "Roswell Strategic (Bitcoin) Reserve" managed by the municipal government.
According to the document, the fund will:
Hold for at least ten years to accumulate Bitcoin donations and sponsorships;
After reaching the $1 million threshold, it can be used as a "Bitcoin Emergency Fund" with 21% available every five years, subject to unanimous approval from the city council;
Priority will be given to subsidizing local elderly residents' water bills and emergency disaster response.
The donation was officially accepted on April 29th and confirmed by Juliana Halvorson, acting mayor of Roswell, and Guy Malone, a Bitcoin authentication expert. The donation address has been made public.
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