Bitcoin Magazine Czech Central Bank Buys $1 Million in Bitcoin in Landmark Test for Digital Assets

The Czech National Bank (CNB) has bought bitcoin for the first time in its history. The $1 million purchase marks a cautious but symbolic step by a European central bank into the world of digital assets.

The Czech National Bank said the small portfolio, made outside of its international reserves, is part of an experiment to gain hands-on experience with blockchain-based assets.

Alongside bitcoin, the portfolio includes a U.S. dollar-based stablecoin and a tokenised deposit. Governor Aleš Michl said the goal isn’t to speculate or diversify reserves, but to learn.

“The aim was to test decentralised bitcoin from the central bank’s perspective and to evaluate its potential role in diversifyin

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