Sweden’s Second-Largest Party Proposes National Bitcoin Reserve

On October 2, 2025, members of the Sweden Democrats, the country’s second-largest political party, introduced a motion in parliament calling for the government to begin accumulating Bitcoin as part of Sweden’s national reserves.

The proposal also recommends that the state explore domestic Bitcoin mining, pointing to Sweden’s access to renewable energy and its potential as a long-term strategic industry.

Founded in 1988, the Sweden Democrats have grown into a major political force in recent years, known for their nationalist stance, skepticism of the European Union, and hardline immigration policies. While not part of the ruling coalition, the party holds significant influence and currently commands 73 out of 349 seats in the Swedish parliament.

Their motion argues that Bitcoin could serve as a financial hedge in an increasingly uncertain global environment, particularly as fiat currencies face growing pressure from debt levels and inflation. The lawmakers frame the move as a matter of national preparedness and technological competitiveness.

There’s no indication yet that the proposal will advance or gain support from Sweden’s central bank, which has traditionally leaned in favor of a state-controlled digital currency (the e-krona) rather than open cryptocurrencies. But the fact that a top-tier political party is calling for Bitcoin to be included in national reserves marks a shift in tone — and adds another datapoint to a growing global trend.

From El Salvador to Bhutan to now Sweden, countries are beginning to ask not if, but when and how Bitcoin might factor into future economic planning.