Roswell, New Mexico, becomes the first city of the United States with a bitcoin reserve

By Hannah Pérez

Roswell, known for the accident with a UFO in 1947, is now the first city in the United States to formally establish a Bitcoin reserve. The city of New Mexico received a donation of USD $ 3,000 in BTC.

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• Roswell, known for attracting UFOs, is the first in the US. In creating a bitcoin reserve.
• The city received an anonymous donation for USD $ 3,000 BTC, the seed capital of the new reserve.
• The fund will remain for at least 10 years and aims to have USD $ 1 million in Bitcoin.
• Dozens of states in the USA. They move to create strategic bitcoin reserves.

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Roswell’s city, New Mexico, has just become the first in the United States to create a strategic reserve of Bitcoin (BTC), reaffirming the Donald Trump administration approach to embrace cryptocurrencies.

In a document dated April 29, 2025, which was shared on social networks, the establishment was recognized for the first time of a strategic reserve of Bitcoin for Roswell after the city received its first donation in Bitcoin.

As reported, the town received an anonymous donation of 0.3050 BTC, valued at the time of reception at just under USD $ 3,000. Those funds worked as “Seed capital“To establish the reservation of Bitcoinwhich will maintain and manage the city. Cryptocurrency donations are expected to help strengthen the reserve even more.

The statement indicates that the fund will remain for at least 10 years to accumulate donations and sponsorships of Bitcoin. Once the fund reaches a threshold of one million dollars, it can be used as «Bitcoin Emergency Fund »with 21% accessible every five years, after unanimous approval of the City Council, as indicated.

The main objective of the fund is to subsidize the water invoices of the local residents of the third age and support the response efforts to catastrophes.

The acting mayor of Roswell, Juliana Halvorsson, and the certification expert BitcoinGuy Malone, signed the document confirming the reception of the donation of Bitcoin and the creation of the strategic reserve. The donation direction has been made public.

Just in: 🇺🇸 City of Roswell, New Mexico Sets Up A Strategic #Bitcoin Reserve. pic.twitter.com/yhkgkBWSFV

– Bitcoin Magazine (@bitcoinmagazine) April 30, 2025

State Bitcoin reserve efforts in the US.

The movement reflects the recent trend of jurisdictions in the United States to create cryptocurrency reserves and adopt the new asset class for state and municipal finances.

More than a dozen states in the North American country have been exploring the creation of strategic reserves of Bitcoin through bills and law reforms. While in some states these initiatives have faced rejection, others continue.

This week, the Arizona House of Representatives approved two bills that could position that State as a pioneer in the state adoption of cryptocurrencies in the United States. Arizona is currently the most advanced state in the approval of legislation to form a reserve Bitcoinfollowed by Texas and New Hampshire.

Since he assumed his second presidential mandate in January, Trump has shown a friendly attitude with cryptocurrencies, expressing his intention to turn the United States into a cryptocurrency center and a superpower of Bitcoin.

At the beginning of March, Trump signed an executive order that establishes a strategic reserve of Bitcoin at the federal level. The reserve consists of Bitcoins seized in judicial proceedings and administered by the Department of Treasury. Also signed the creation of a “Digital stock” with other confiscated cryptocurrencies, which could be converted into Bitcoin In the long term.

Trump’s administration has also suggested that he could explore purchases of Bitcoin To strengthen the National Strategic Reserve –separated to the efforts of state and municipal reserves of the different care of the country.

Trump’s plans in the United States have motivated other nations to explore their own reserves of Bitcoin.

Bitcoin (BTC), the world’s largest and oldest digital currency, changes hands around USD $ 95,000 at the time of writing this article, practically without variation in the last 24 hours, according to Coinmarketcap.

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Hannah Estefanía Pérez / Diariobitcoin

Image generated with AI tool, under free use license

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