Important Announcement
We are pleased to share that as of August 1, 2025, Braeden Anderson, the founder of Anderson P.C., has joined Gesmer Updegrove LLP as a Partner. Work currently performed by Anderson P.C. will be transitioning to Gesmer. This website will remain active as a curated archive for legal insights.
Gesmer Updegrove LLP, founded in 1986, is a nationally recognized law firm with a premier reputation for representing high-growth companies, innovative technology pioneers, and venture-backed startups. Together, we are enhancing our ability to provide comprehensive, end-to-end legal support to entrepreneurs, founders, investors, and scaling businesses across every stage of the corporate lifecycle. From formation, fundraising, and IP strategy to tax planning, M&A, securities compliance, enforcement defense, and strategic exits, our combined strengths now span the full spectrum of business law.
Thank you for following and supporting us on this journey. To learn more or to connect with Braeden or a member of the Gesmer team, please visit: www.gesmer.com or e-mail him at braeden.anderson@gesmer.com
Bitcoin as a Strategic Reserve: Policy, Legal, and Compliance Implications
As governments around the world begin to explore bitcoin as a sovereign reserve asset, the legal and operational challenges of holding decentralized digital assets at scale are coming into focus. With the U.S. now consolidating over 200,000 BTC under a newly created Strategic Bitcoin Reserve, federal agencies must confront unprecedented questions around custody, classification, transparency, and compliance. This article examines how sovereign crypto ownership reshapes the legal landscape—where sovereign immunity meets private key management, and where agencies once tasked solely with regulation must now coordinate as market participants. The implications for global reserve policy, national security, and financial law are only beginning to unfold.