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Will Utah Become the First State in the U.S. with a Bitcoin Reserve Fund?
State #Utah is making significant strides in the race to become the first state in the U.S. to officially own a Bitcoin reserve fund. This follows the Utah House passing bill HB230, paving the way for Bitcoin to be included in the public investment portfolio.
🔹 How is Utah's Bitcoin reserve bill progressing?
On February 6, 2025, Dennis Porter, CEO of Satoshi Action Fund, announced that bill HB230 - Amendment on digital innovation and blockchain has been passed by the Utah House. Previously, on January 28, 2025, the bill also received overwhelming support (8:1) from the House Economic Development Committee.
🔹 How is Utah's Bitcoin reserve bill progressing?
On February 6, 2025, Dennis Porter, CEO of Satoshi Action Fund, announced that bill HB230 - Amendment on digital innovation and blockchain has been passed by the Utah House. Previously, on January 28, 2025, the bill also received overwhelming support (8:1) from the House Economic Development Committee.
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