Senegal approves Bitcoin mining pilot amid debt restructuring
- —Pilot approved by the Prime Minister's Office around September 14, 2026
- —Goal is to turn surplus renewable power into dollar revenue via mining
- —Public debt has swelled to roughly 130% of GDP after hidden liabilities surfaced
- —Talks cover $5.2 billion in bonds and 1 trillion CFA francs ($1.72 billion) in swaps
Why it matters: If successful, the pilot could become a template for using Bitcoin mining to service sovereign debt in Africa, though no operators or capacity figures have been disclosed.
Source: Crypto Briefing