The Swedish Parliament is now considering a groundbreaking proposal that could reshape its financial strategy: the creation of a national Bitcoin reserve. Two lawmakers from the Sweden Democrats, Dennis Diukearev and David Perez, have urged the government to study the feasibility of integrating Bitcoin as a strategic reserve asset alongside the country’s traditional gold and foreign currency holdings.
The proposal, filed on October 1, 2025, highlights Bitcoin’s unique features as a hedge against inflation, a liquid digital asset, and a diversification tool. Lawmakers argue that unlike fiat currencies and gold, which are heavily influenced by political and geopolitical factors, Bitcoin operates on a decentralized network that is resistant to manipulation by any single government or central bank.
The suggested framework envisions the Riksbank, Sweden’s central bank, as the official custodian of the Bitcoin reserve. This would provide state-level management of the asset while ensuring transparency and accountability. The legislators emphasized that the government does not intend to alter Sweden’s definition of legal tender or introduce a central bank digital currency (CBDC) at this stage, making the reserve purely a strategic safeguard rather than a systemic change to monetary policy.
Supporters of the initiative point to four major arguments. First, diversification: Bitcoin’s independence from traditional finance makes it an attractive counterbalance in times of geopolitical uncertainty. Second, inflation resistance: with its fixed supply of 21 million coins, Bitcoin is immune to unlimited issuance, unlike fiat currencies. Third, liquidity: Bitcoin is traded around the clock, enabling rapid and cost-efficient transactions compared to conventional cross-border transfers. Finally, innovation: Bitcoin has become one of the world’s largest assets, surpassing silver and rivaling the market capitalization of major multinational corporations.
At present, Bitcoin ranks among the top global assets, and some forecasts, including from CryptoQuant, suggest that its market capitalization could surpass $5 trillion in the coming years. Sweden’s exploration of a reserve comes as other nations move in the same direction. The United States, under President Donald Trump, has already announced a national Bitcoin reserve funded by confiscated assets. Similarly, Bhutan, El Salvador, and the United Arab Emirates have developed national strategies around Bitcoin reserves, while countries like the UK and China hold significant amounts of confiscated digital assets.
The Swedish proposal also includes the idea of allocating confiscated Bitcoin from law enforcement actions into the national reserve. This approach would ensure a budget-neutral launch, avoiding the need for taxpayer funding while giving Sweden a strategic position in the rapidly evolving digital financial landscape.
In conclusion, the move to consider a Bitcoin reserve demonstrates Sweden’s recognition of cryptocurrency as more than just a speculative investment. By integrating Bitcoin into its national reserves, Sweden could safeguard its economy against inflation, diversify state-held assets, and secure a role in the emerging era of digital finance. The proposal, if realized, would place Sweden among the leading nations acknowledging Bitcoin as a strategic financial asset.
