Roswell Becomes First U.S. City to Embrace Bitcoin as Municipal Reserve

In a historic first, the City of Roswell, New Mexico has established the nation’s first municipal Bitcoin reserve, officially recognized on April 29, 2025. This groundbreaking decision was driven by Acting Mayor Juliana Halvorson and confirmed via city government filings. The reserve began with a donation of 3,050,323 satoshis (roughly $2,906) and will be used for long-term investment and as an emergency fund. The initiative’s success could encourage other municipalities to adopt similar strategies for financial diversification. City officials are aiming for the reserve fund to reach a million dollars or more in the future, making it a