In a significant advancement for the cryptocurrency realm, Japanese Member of Parliament Satoshi Hamada has called upon his government to create a Strategic Bitcoin Reserve, positioning Japan alongside an increasing global trend where countries such as the United States are investigating comparable initiatives.
Bitcoin Adoption Increases Among Nations And Large Corporations
Hamada’s initiative illustrates a wider interest in diversifying national reserves with cryptocurrencies, especially after recent deliberations in the Japanese parliament regarding reserve strategies in the US and other nations.
This rise in interest follows Texas’s substantial legislative endeavors. The Texas House of Representatives has presented a legislation designed to establish a strategic Bitcoin reserve, led by Republican state Representative Giovanni Capriglione.
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The proposed measure aims to allow the state to receive taxes, fees, and contributions in Bitcoin, with a pledge to retain these assets for at least five years.
Capriglione, who introduced the bill during an X Spaces event, highlighted the potential advantages of such a reserve in improving Texas’s fiscal stability and bolstering its position in Bitcoin innovation.
“The primary threat to our investments is likely inflation,” he asserted, noting that a strategic Bitcoin reserve could create a beneficial scenario for the state.
The legislation, termed “An Act Relating to the Establishment of a Bitcoin Reserve within the State Treasury of Texas and the Management of Cryptocurrencies by Governmental Entities,” highlights a major trend of rising institutional interest in Bitcoin as a reserve asset of strategic importance.
Importantly, this movement is not restricted to nations; following President-elect Donald Trump’s suggestion for a US strategic Bitcoin reserve at the National Bitcoin Conference in Nashville earlier this year, there has been a notable increase in BTC adoption among various countries and private enterprises.
Bitcoinist previously noted that in just the past month, nine significant firms from industries including finance, healthcare, and artificial intelligence (AI) have adopted the leading cryptocurrency as a strategic reserve asset.
October 2025 As Next Significant BTC Market Peak?
As these developments unfold, BTC has recently finished the week above the $100,000 threshold, sparking speculation about its upcoming path.
Crypto analyst Ali Martinez has indicated that should Bitcoin follow historical patterns seen in past market cycles, the next market peak may take place in October 2025.
The analyst pointed out that in the last two cycles, the duration from market bottom to market top was roughly 1,065 days, while the time from one market bottom to another was approximately 1,430 days.
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Martinez also recognized a vital support level for Bitcoin at $96,870, where around 1.45 million addresses gathered approximately 1.42 million BTC. He remarked that as long as this demand zone remains intact, there is a high probability that Bitcoin will maintain its upward momentum.
At the moment of writing, BTC is priced at $101,477, representing a 2% increase for the week following a brief consolidation phase and a 7% dip towards $91,000.
Featured image from DALL-E, chart from TradingView.com
