Swedish Lawmaker Urges Bitcoin Reserve Strategy Without Taxpayer Spending

Swedish lawmaker Rickard Nordin has put forward a provocative question to the country's finance minister: should Sweden consider keeping Bitcoin in its reserve portfolio?

In a formal request to Finance Minister Elisabeth Svantesson, Nordin urged the government to weigh the potential of digital assets in national fiscal strategy, especially as international discourse around Bitcoin continues to grow.

Nordin highlighted how some U.S. states and officials have already floated the concept of treating Bitcoin like a digital version of gold—particularly relevant during times of economic instability and geopolitical tensions. He emphasized Bitcoin’s usefulness not just as an investment, but as a tool for preserving value, especially in countries with repressive regimes.

Instead of advocating for Sweden to buy Bitcoin outright, Nordin proposed a cost-free method: hold on to any BTC seized by authorities, rather than selling it off. He pointed to the United States, where agencies like the DOJ and IRS have accumulated large amounts of cryptocurrency through asset seizures—without spending public money to acquire it.

READ MORE:

Best Crypto to Buy Now as Bitcoin Recovers to $84,000 Following 5-Month Low

Sweden’s central bank, Sveriges Riksbank, currently sticks to conventional assets like foreign currencies and gold in its reserve strategy. Nordin believes this conservative stance should be reexamined, given the changing landscape of financial tools.

The inquiry, officially listed as 2024/25:997, requires a formal answer from the finance minister by April 16. So far, the ministry hasn’t provided any public response.

This development reflects a broader trend: while countries like El Salvador have gone all-in on Bitcoin, more developed economies are still figuring out how—if at all—digital assets fit into their financial systems. Nordin’s suggestion could offer Sweden a middle path: integrating Bitcoin into state reserves through asset retention, without committing taxpayer funds.

Alexander Stefanov