The Footsteps of Bitcoin Strategic Reserve in India, Home to 1.5 Billion People! Here is What We Know So Far

Pradeep Bhandari, the national spokesperson of India's ruling party, argued that the country needs to make a strategic move towards Bitcoin and called for the launch of a Bitcoin reserve pilot program.

According to Bhandari, the establishment of a strategic Bitcoin reserve by the USA and Bhutan's national mining initiatives present a significant opportunity window for India.

The Strategic Bitcoin Reserve, implemented under U.S. President Donald Trump in January 2025, brought digital assets to the forefront of the global economic agenda. As of June 2025, the reserve, which has surpassed a value of 20 billion dollars, indicates that Bitcoin is increasingly positioned as a store of value.

As part of the reserves, the U.S. is considering the confiscated approximately 200,000 BTC as a buffer against inflation. Last month at the Crypto Summit held at the White House, it was announced that Bitcoin purchases would continue using budget-friendly methods to expand this reserve. Already, three states have enacted laws allowing the purchase of Bitcoin with public funds. These developments indicate that Bitcoin is starting to be viewed as a financial resistance tool.

Since 2021, Bhutan has been mining Bitcoin using hydroelectric resources and has accumulated reserves of over 1 billion dollars as of May 2025. These reserves contribute to financing the country's public services and supporting sustainable development goals.

India is far ahead of Bhutan in terms of renewable energy capacity and has the potential to implement a similar mining model on a larger scale. However, there are steps that need to be taken regarding regulatory infrastructure and institutional preparedness.

India is currently among the countries that tax cryptocurrencies but do not regulate them clearly. During its G20 presidency in 2023, India led the crypto working group formed under the auspices of the IMF, playing an important role in the formation of global standards, but is proceeding cautiously on internal regulations.

The International Monetary Fund's classification of Bitcoin as a capital asset under (IMF) further underscores the necessity for a clear legal framework in India. Regulations will not only boost investor confidence but also pave the way for institutional adoption.

*It is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel for exclusive news, analyses, and on-chain data! Also, start live price tracking by downloading our Android and IOS apps now!