Indonesia will be the next country with Bitcoin reserves?

-

Indonesia’s government is seriously chewing on an idea, using Bitcoin as a reserve asset.

Reserve asset, guys, that’s the fancy way of saying the financial pillow a country leans on to keep the economy steady when storms hit.

Hydroelectric power plants for Bitcoin mining

Indonesia’s got a nice chunk of the global stage. 280 million people, after all. GDP clocking around $1.4 trillion, geothermal and hydroelectric power plants just waiting to juice up machines.

Now someone in a sharp suit says, why not plug in Bitcoin mining rigs here and build national reserves?

Maybe turn crypto into a power play instead of just a buzzword? That’s the pitch Bitcoin Indonesia made to the Vice President’s office.

They brought in Michael Saylor, the guy who sees Bitcoin hitting crazy heights by 2045, $13 million to $49 million, take a breath, to back the vision.

Stacking sats is nice, but there is more. They’re talking infrastructure upgrades and education programs, because a country can’t just stumble into Bitcoin.

It needs to get savvy, from the boardrooms downtown to the average warung owner down the street.

Strategic move

But don’t forget, this is Indonesia we’re talking about. The economy isn’t exactly juggling flaming torches.

Debt-to-GDP is 39%, inflation’s barely 0.76% as of January 2025. So, the urgency? Meh. More like a strategic chess move rather than a panic buy.

But in crypto-land, things are heating up. MEXC Ventures bet big, throwing serious cash behind Indonesia’s crypto exchange Triv at a $200 million valuation just days after Indonesia cranked up crypto taxes.

Yeah, taxes doubled for domestic exchange users, foreign sellers got hit harder, miners face new VAT and income tax rules. Crypto’s not legal tender here, but investments?

They’re booming. We’re talking $40 billion worth of crypto transactions in 2023 and over 20 million users dancing past the country’s stock market players.

Fortifying the economy

This story, guys, it’s about opportunity knocking loud and clear. Indonesia’s thinking long-term, balancing the risks of Bitcoin’s ride against a strategy to support economic stability, innovation, and yes, some serious job creation through mining powered by clean, sustainable energy.

So, Indonesia is eyeing Bitcoin to fortify their economy, grow expertise, and keep pace in the crypto industry.

Bet on drama, strategy, and some serious blockchain action headed your way. The game’s heating up, and Indonesia’s not sitting on the sidelines anymore.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

András Mészáros
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

📅 Published: August 7, 2025 • 🕓 Last updated: August 7, 2025
✉️ Contact: [email protected]

LATEST POSTS

Altseason is over or this is just another hiccup?

The crypto streets are buzzing with chatter about altseason making a comeback. You know, that hopeful moment when altcoins step out of Bitcoin’s shadow, roll...

UAE Strikes Bold Deal to Merge Crypto Rules Across Emirates

The United Arab Emirates has taken a formal step toward unified UAE crypto regulation. The Securities and Commodities Authority (SCA) and the Dubai Virtual Assets...

Coinbase Slaps 0.1% USDC to USD Fee for Conversions Above $5M Amid Revenue Pressure

Coinbase will charge a 0.1% USDC to USD fee on stablecoin conversions above $5 million. The new policy will take effect on August 13 and...

Wintermute is shorting

Let’s imagine you’re cruising through your crypto portfolio, feeling like the big boss of your own little Wall Street. Then boom! Market trembles, giants change course,...

Most Popular

Guest posts