Recently, Alabama Comptroller Andrew Sorrell publicly proposed the establishment of a Strategic Bitcoin Reserve (SBR), which is based on the growing interest in SBR among federal and state policymakers, as well as the sharp increase in bitcoin prices following the election of President Trump (who campaigned on a platform of support for bitcoin policy). In addition, he said that the establishment of SBR has three main goals: portfolio diversification, cryptocurrency-friendly positioning, and protection against currency-related risks.