In a significant advancement for the cryptocurrency sector, Japanese Member of Parliament Satoshi Hamada has called on his government to create a Strategic Bitcoin Reserve. This initiative aims to align Japan with a growing international trend, where countries such as the United States are exploring similar strategies.
Bitcoin Adoption Surges Among Nations and Major Corporations
Hamada’s proposal highlights a broader interest in diversifying national reserves with cryptocurrencies. It follows recent discussions in the Japanese parliament about reserve movements in the US and other countries. The interest surge is complemented by Texas’s substantial legislative efforts, where the Texas House of Representatives has introduced a bill focused on creating a strategic Bitcoin reserve. This initiative is led by Republican state Representative Giovanni Capriglione.
The proposed legislation aims to allow the state to accept taxes, fees, and donations in Bitcoin, with a commitment to retain these assets for at least five years. Capriglione, who announced the bill during an X Spaces event, underlined the potential benefits of such a reserve in enhancing Texas’s fiscal stability and reinforcing its leadership in Bitcoin innovation.
“Probably the biggest enemy of our investments is inflation,” he stated, emphasizing that a strategic Bitcoin reserve could provide a win-win scenario for the state.
The legislation, titled “An Act Relating to the Establishment of a Bitcoin Reserve within the State Treasury of Texas and the Management of Cryptocurrencies by Governmental Entities,” underscores a significant trend of increasing institutional interest in Bitcoin as a strategic reserve asset.
Broader Adoption Beyond Borders
This movement is not confined to nations. Following President-elect Donald Trump’s proposal for a US strategic Bitcoin reserve at the National Bitcoin Conference in Nashville earlier this year, there has been a notable increase in BTC adoption among various countries and private companies. In the past month alone, nine major firms from sectors including finance, healthcare, and artificial intelligence (AI) have embraced Bitcoin as a strategic reserve asset.
October 2025: The Next Major BTC Market Peak?
As these developments unfold, Bitcoin recently closed the week above the $100,000 mark, sparking speculation about its future trajectory. Crypto analyst Ali Martinez has suggested that if Bitcoin follows historical trends observed in previous market cycles, the next market peak could occur in October 2025.
The analyst noted that in the last two cycles, from market bottom to market top, it took approximately 1,065 days. Meanwhile, the duration from one market bottom to the next was around 1,430 days.
Key Support Levels and Future Projections
Martinez also highlighted a critical support level for Bitcoin at $96,870, where about 1.45 million addresses accumulated approximately 1.42 million BTC. As long as this demand zone remains intact, there is a strong likelihood that Bitcoin will continue its upward momentum.
The daily chart reveals BTC’s price trending upwards. At the time of writing, BTC is trading at $101,477, marking a 2% increase on the week after a brief consolidation period and a 7% drop towards $91,000.
