The Czech National Bank (CNB) intends to diversify its reserves by potentially investing 5% in Bitcoin, amounting to $7.3 billion. Governor Aleš Michl will present the acquisition strategy during the board meeting on January 30.

This proposal may establish the CNB as the first European central bank to add Bitcoin to its assets. This investment corresponds to about 5.3 months of newly mined Bitcoin supply, reflecting a substantial shift in the bank’s approach toward cryptocurrency.