Indonesia’s Sovereign Fund could start accumulating Bitcoin

Source Cryptopolitan

Indonesia has joined the list of countries exploring Bitcoin as a national reserve. The effort is being pushed by the Vice President’s office, and the idea is being considered because of its potential to diversify national reserves, serve as a hedge against inflation, and reduce reliance on traditional fiat currencies like the U.S. dollar, especially in the face of global economic volatility.

According to a post on X from Bitcoin Indonesia, the largest BTC community in the country, the Vice President’s office has expressed interest in Bitcoin and wants to know how it can support the country.

Indonesia may consider Bitcoin mining as a national reserve strategy

Members of the community were invited to the Vice President’s office to make a presentation on how Bitcoin could benefit the country, and they reportedly discussed topics that could alter the future of Indonesia’s economic strategy.

While there, they announced readiness to lead Bitcoin education at the national level and proposed what they called a “bold” idea: using Bitcoin mining as a national reserve strategy with the ultimate goal of using Bitcoin to fuel long-term economic strength.

“We presented @saylor’s 2045 price prediction, which happens to align with 100 years of Indonesian independence,” a tweet from the post read. “They were bullish. So were we.”

Indonesia’s Sovereign Fund (Danantara) could start accumulating Bitcoin

Various parties in the country of Indonesia, including the office of the VP, believe it is time for BTC to be added to the country’s national reserve.

Gabriel Rey, CEO of licensed crypto exchange Triv, and Anthony Leong, Deputy Secretary General of the Indonesian Young Entrepreneurs Association (HIPMI), both argue that it is time for Indonesia to explore the possibility, and proposed that Bitcoin be included as one of BPI Danantara’s investment options.

Leong says if BPI Danantara allocated IDR 300 trillion (about $18.3 billion) to Bitcoin, it could lock up up to 200,000 BTC. The profits generated could help reduce some of the national debt if the digital asset’s price increases significantly.

The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) was officially launched by the President of the Republic of Indonesia, Prabowo Subianto, on February 24, 2025, and is tasked with managing state assets independently to accelerate long-term development.

The purpose of the Bitcoin reserve would be to diversify state assets, protect national wealth from inflation, and keep up with the trend of developed countries that are starting to include crypto assets in their portfolios.

The proposal triggered support and opposition across various circles, and among those that spoke up was Indonesia’s financial regulator, Financial Services Authority (OJK).

OJK was cautious in its response, expressing a willingness to entertain the discourse further, while emphasizing the need for strong regulations and governance if it were to happen.

If the discourse becomes a reality, it could make Indonesia one of the first countries in Southeast Asia to adopt Bitcoin as part of its sovereign wealth fund.

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
After the Crypto Crash, Is an Altcoin Season Looming Post-Liquidation?The crypto market remains unsettled two months after the "October 10" liquidation wave, one of its largest ever. Bitcoin's price has erased all its year-to-date gains, quieting prediction
Author  TradingKey
Dec 05, Fri
The crypto market remains unsettled two months after the "October 10" liquidation wave, one of its largest ever. Bitcoin's price has erased all its year-to-date gains, quieting prediction
placeholder
Bitcoin Pauses for Breath Above $92,000 as Bulls Weigh Next Run at $95,000Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Author  Mitrade
Dec 05, Fri
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
placeholder
Gold Price Forecast: XAU/USD flat lines near $4,200 ahead of US PCE inflation releaseGold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
Author  FXStreet
Dec 05, Fri
Gold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
placeholder
AUD/USD holds steady above 0.6600; remains close to two-month high ahead of US PCE dataThe AUD/USD pair enters a bullish consolidation phase during the Asian session on Friday and oscillates in a range around the 0.6600 round figure, just below a nearly two-month high, touched the previous day.
Author  FXStreet
Dec 05, Fri
The AUD/USD pair enters a bullish consolidation phase during the Asian session on Friday and oscillates in a range around the 0.6600 round figure, just below a nearly two-month high, touched the previous day.
placeholder
The 2026 Fed Consensus Debate: Not Hassett, It’s About Whether Powell Stays or GoesKevin Hassett, White House National Economic Council Director, is poised to succeed Jerome Powell as the next Federal Reserve Chair. This development signals a potentially more dovish mon
Author  TradingKey
Dec 04, Thu
Kevin Hassett, White House National Economic Council Director, is poised to succeed Jerome Powell as the next Federal Reserve Chair. This development signals a potentially more dovish mon
goTop
quote