Roswell Establishes First U.S. Bitcoin Reserve on April 29, 2025

On April 29, 2025, Roswell became the first U.S. city to establish a Bitcoin reserve, named the Roswell Strategic (Bitcoin) Reserve. This was confirmed by Acting Mayor Juliana Halvorson and Bitcoin professional Guy Malone.

  • The city received its first Bitcoin donation of 0.0305 BTC (approximately $2,906) on January 3, 2025.
  • This donation was officially transferred to the city's custody on April 29, 2025.
  • The fund will be held for a minimum of ten years to grow the BTC donations.
  • After ten years, donations can offset water bills for senior citizens in Roswell.
  • Once the fund exceeds $1 million, up to 21% can be accessed every five years as a liquid emergency fund, pending a unanimous city council vote.
  • Cryptocurrency donations are welcomed, and donors over $250 can request a receipt.
  • New Hampshire is considering creating a Bitcoin reserve, with a bill set for a senate vote.