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<p><strong>Key Points</strong>:</p>  
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 <li><em>Alabama proposes a Strategic Bitcoin Reserve for asset diversification and inflation protection.</em></li>  
 <li><em>Strategic Bitcoin Reserve aligns with rising federal and state-level crypto initiatives.</em></li> 
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<h5 class="wp-block-heading"><strong>Alabama Auditor Andrew Sorrell proposes a Strategic Bitcoin Reserve to diversify state assets and hedge against inflation, aligning with rising crypto interest.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/12/image-148-2.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/12/image-148-2-1024x576.jpg" alt="Strategic Bitcoin Reserve Proposed By Alabama State Auditor" class="wp-image-296483"></a>
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<h2 class="wp-block-heading" id="alabama-s-push-for-a-strategic-bitcoin-reserve">Alabama’s Push for a Strategic Bitcoin Reserve</h2>  
<p>Alabama State Auditor Andrew Sorrell has proposed creating a Strategic <a href="https://coincu.com/295566-former-us-treasury-secretary-criticizes-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Reserve</a> (SBR) to diversify the state’s assets and hedge against inflation. He believes Bitcoin’s independence from traditional currency systems makes it a reliable safeguard against currency devaluation and geopolitical risks, supporting long-term state stability, according to <a href="https://bitcoinist.com/strategic-bitcoin-reserve-alabama-state-auditor/" target="_blank" rel="noopener noreferrer nofollow">Bitcoinist</a>.</p>  
<p>This initiative aligns Alabama with other states like Florida and Pennsylvania, which are exploring similar crypto-backed financial strategies. Sorrell emphasizes Bitcoin’s growth potential, suggesting a cautious two-year dollar-cost-averaging entry strategy to mitigate market volatility and secure sustainable returns for the state.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/296175-russian-bitcoin-reserve-proposed/" target="_blank" rel="noopener noreferrer nofollow">Russian Bitcoin Reserve Now Proposed to Counter Sanctions Risk</a></strong></p>  
<h2 class="wp-block-heading" id="how-a-strategic-bitcoin-reserve-benefits-alabama">How a Strategic Bitcoin Reserve Benefits Alabama</h2>  
<p>The proposed Strategic Bitcoin Reserve by Alabama aims to strengthen the state’s financial portfolio, leveraging Bitcoin’s rapid growth as a $3 trillion asset class. Sorrell highlights Bitcoin’s ability to act as a hedge against inflation and the declining dominance of the U.S. dollar, enhancing Alabama’s fiscal resilience.</p>  
<p>Mirroring national trends, the initiative would position Alabama at the forefront of the crypto revolution. It follows President-elect Trump’s plans for a federal Bitcoin stockpile, signaling a broader movement toward integrating cryptocurrency into governmental financial strategies.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure>  <a href="https://coincu.com/?p=296475" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Strategic Bitcoin Reserve Proposed By Alabama State Auditor

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