A new proposal Within the Polkadot ecosystem is urged to create a strategic Bitcoin reserve.
According to the proposal, the plan includes the conversion of 500,000 point, with a value of approximately $ 2 million, in threshold Bitcoin (TBTC), a packed version of Bitcoin protected by threshold cryptography, which ensures decentralization and non-custodial management.
Polkadot’s Bitcoin proposal
Before the conversion to Bitcoin starts, the 500,000 point is first used in adot, a yield -generating collateral smoking.
This allows the treasury to achieve efficiency on its point holdings and at the same time increases the liquidity for Defi -Lenen.
In addition, 1,000 dot is reserved to cover transaction costs involved in implementing this strategy.
From there, the Polkadot Treasury would gradually carry out the BTC conversion for a year, using Hydration’s Rolling Dollar-Cost Averaging (DCA) function. This method makes daily, incremental purchases possible to maintain a steady Bitcoin inflow.
Once sufficient TBTC has been collected, parts of it (0.005 TBTC per transaction) would be added to the Omnipool hydration. The proposal stated:
“This is intended as a first step in the direction of diversification in Bitcoin where future proposals can include other bridged BTC assets. The TBTC remains under the control of the treasury chest and is intended to be maintained as a reserve, not a pool for payments.”
Proponents of the plan say that the relocation would reduce exposure to market fluctuations and create new opportunities for Defi on Polkadot. The reserve is also designed to maintain the value of the treasury and to guarantee sufficient money for future budgets.
In the meantime, the movement of Polkadot reflects a broader industrial shift of organizations and governments that Bitcoin consider as a strategic reserve resistant to cover against economic instability and currency devaluation.
Facts Compiled by HODL15Capital shows that the top 100 company owners of the TopCrypto have more than 818,000 bitcoin in their treasury.
Dot’s price is struggling
Polkadot’s interest in building a Bitcoin reserve comes when his pointing smoking for market challenges is confronted.
According to CryptoSlate’s Data, the price of DOT has fallen by 7% in the last 24 hours to $ 3.80, the lowest level since October 2023.
In Bitcoin terms, token has fallen to a low point of 0.00003658 BTC, which means that more than 62% of its value lost in the past year.
Polkadot -Market data
At the time of press 5:42 pm UTC on June 13, 2025Polkadot is on #22 by market capitalization and the price is down 5.61% In the last 24 hours. Polkadot has a market capitalization of $ 6.08 billion With a trade volume of 24 hours $ 349.58 million. More information about Polkadot ›
Summary of the Cryptomarkt
At the time of press 5:42 pm UTC on June 13, 2025The total crypto market is appreciated at $ 3.29 trillion With a volume of 24 hours $ 176.63 billion. Bitcoin Dominance is currently up 63.89%. More information about the Cryptomarkt ›