The market in Panama City talked this week, suggesting the construction of the City Level Bitcoin Fund. It all started with a line of social media.
Mayer Mizrachi wrote “Bitcoin Reserve” on X on May 16. He met Max Keizer and Stacy Herbert.
The meeting has a curious conversation
According to local sources, Mizurch sat with Keizer and Herbert and surpassed the nuts and bolts of Bitcoin policy. The mayor clasped the details.
But timing is noteworthy. He shared the post just before heading to the Bitcoin 2025 conference in Las Vegas. What could come more like a head.
Bitcoin Protection Zone 🚀
-Mayer Mizrachi (@mayer) May 16, 2025
Legal obstacles
Based on the report, you need to vote in the Panama National Assembly to create an official Bitcoin protection area. Lawmakers must first write and approve the bill. The process can continue.
The committee must study the idea. There will be discussions, modifications and budget inspections. Only then did the city be able to keep Bitcoin in the book.
Panama City introduces El Salvador’s “What is Money” financial literacy textbook to a new digital library.
Local Central America Bitcoin Block is emerging!
🇸🇻🤝🇵🇦 pic.twitter.com/7ra2rvddsg
-Stacy Herbert Her (@stacyherbert) May 15, 2025
Energy planning discussion
The energy was also on the table. Keizer pointed out Panama’s hydropower and El Salvador’s geothermal plants. He suggested that green energy can supply power to the Bitcoin mining league.
It is a neat idea. Run a computer that maintains a bitcoin network using a cheap and clean power. But you need permission and grid upgrade. Company and regulators must be signed off.
Payment of passwords for horizon
Mizrachi said that if the Panama City is ready for the payment system, it will accept Bitcoin, Ether, Tether, and USDC. This means building a encryption rail. Banks or fintech partners must handle the exchange.
And to keep the coins taken by the city, you need a safe wallet. The release date is not set. But the plan is in the agenda.
Source: Strategy
Companies raise their possessions in large quantities
It’s not just the government looking at Bitcoin. Public companies are also accumulating. Strategy Corp. of Michael Saylor said it will raise $ 84 billion to buy more Bitcoin. This includes selling $ 20 billion in stock.
They also raised their debt limit from $ 20 billion to $ 42 billion, and $ 14.6 billion still open. On the other side of the world, Metaplanet has added 1,240 BTCs (about 185 billion yen or about $ 127 million, a total of 6,797 BTC, now worth more than $ 760 million.
Based on the report, the publicly listed company increased Bitcoin ASH by 15% in the first quarter. Many people see Bitcoin as a key holding.
Chart of TradingView, the main image of Unsplash
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standards, and each page is diligent by the chief technical expert and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.
