Brazil has conducted its first public hearing on the establishment of a national strategic Bitcoin reserve, marking a notable development in the country's approach to digital assets. The hearing, held by Brazil's Congress, focused on a proposal to create a sovereign Bitcoin reserve valued at approximately $19 billion. This initiative positions Brazil among the first nations to consider Bitcoin as a strategic asset on its balance sheet. The Vice President of Brazil has shown visible support for Bitcoin, recently attending the launch of a Bitcoin-related book in Portuguese. Furthermore, the Vice President's Chief of Staff has publicly defended the proposal, describing Bitcoin as a revolutionary tool for public finances and likening it to "medicine." The chief economist of Brazil's Banking Federation has also urged the allocation of Brazilian reserves into Bitcoin, signaling growing institutional interest. The hearing and subsequent endorsements reflect Brazil's potential shift toward integrating Bitcoin into its national financial strategy.