Roswell Makes History as First U.S. City to Hold Bitcoin in Treasury Reserves

Move over, Wall Street—Roswell just cut traditional finance out of the equation. The New Mexico city became the first in the U.S. to officially allocate Bitcoin as part of its treasury reserves, betting big on crypto while banks still debate its legitimacy.

No more waiting for ETFs or regulatory hand-holding. Roswell’s cold wallets are now stacked with Satoshis, proving municipalities can bypass the middlemen and go straight to digital asset adoption. Take notes, D.C.

Of course, skeptics will call it a publicity stunt—because nothing says ’serious fiscal policy’ like a city best known for UFO conspiracies diving headfirst into volatile crypto markets. But hey, at least they didn’t buy the top.

Roswell Strategic Reserve Initial Terms

The fund will be held for a minimum of ten years to grow the BTC donations and sponsorships. After this period, the donations can be used to offset water bills for senior citizens in the city.

Once the fund exceeds $1 million, it can be accessed as a “liquid emergency fund,” with up to 21% allowed for use every five years. Before any funds are allocated for disaster relief or other purposes, a unanimous vote by the city council is required.

The announcement also stated that cryptocurrency donations to the BTC reserve are welcomed. Those donating over $250 can request a receipt by sending their transaction ID and U.S. mailing address to Guy Malone’s email address. The reserve will also accept donations in other forms, including USD and property.

The state of New Hampshire is also considering creating a Bitcoin reserve. A bill regarding this is expected to be brought before the senate for a vote.

Roswell Becomes First U.S. City to Officially Adopt Bitcoin as Part of Its Reserves