Countries have started moving toward Bitcoin adoption, pushing UFC Legend Conor McGregor to demand a related push from the Irish government.
In line with President Donald Trump’s push for a national strategic Bitcoin reserve (SBR), UFC superstar Conor McGregor is encouraging Ireland to make a similar move. He believes that creating a Bitcoin strategic reserve for the nation will give back financial control to its citizens.
Ireland’s Strategic Bitcoin Reserve Push
The move to add Bitcoin and other digital currencies into government treasury reserves is fast gaining traction in many regions beyond the US.
In his X post from May 9, McGregor claimed that cryptocurrencies were crafted initially to “give power back to the people.” He also announced plans to co-host a Twitter Space to discuss his expectations for Ireland’s crypto future.
Crypto in it’s origin was founded to give power back to the people.
An Irish Bitcoin strategic reserve will give power to the people’s money.
I will be cohosting a Twitter space to talk about what I want to see changed.
Victory to Ireland! 🇮🇪
— Conor McGregor (@TheNotoriousMMA) May 9, 2025
McGregor said nothing about an official Irish strategic BTC reserve, but his statement comes amidst a growing trend for nations to own such holdings. In Europe, the movement is getting a lot of attention. Last year, Sarah Knafo, a French member of the European Parliament, laid out a bold vision for Europe’s financial future.
She strongly opposed the European Central Bank’s (ECB) proposed digital euro and suggested that the European Union establish a strategic Bitcoin reserve instead. In her opinion, Bitcoin reserves are a bold way for nations to achieve financial independence and shield themselves from centralized monetary policies. So far, Germany and Switzerland have added Bitcoin to their sovereign strategies.
There is no assurance that the government will consider McGregor’s proposal, but his push may put BTC back into Irish political conversations.
American States Driving Bitcoin Adoption
Several US states have intentionally moved toward establishing their strategic Bitcoin reserve. A few of them, like Florida, faced some setbacks and are now considering continuing the exercise. Amidst this turbulence, two states signed their SBR bill into law.
A few days ago, Governor Kelly Ayotte signed the bill, making New Hampshire the first US state to launch its strategic BTC reserve. Therefore, New Hampshire can now invest up to 5% of public funds in a digital asset with at least $500 billion in market capitalization (only BTC currently meets these criteria).
Arizona Governor Katie Hobbs recently signed a bill (HB 2749) to establish a strategic Bitcoin reserve.
Disclaimer: The information provided in this article is for informational purposes only. It does not constitute investment, financial, trading, or any other sort of advice. You should not treat any of BGEcrypto’s content as such. BGEcrypto does not recommend that any cryptocurrency should be bought, sold, or held by you. Do your due diligence and consult your financial advisor before making any investment decisions.