According to Odaily, VanEck's Head of Digital Asset Research, Matthew Sigel, shared insights on the X platform regarding the analysis of Bitcoin reserve bills introduced in 20 U.S. states. If these bills are enacted, they could potentially lead to a purchase of $23 billion worth of Bitcoin, equivalent to approximately 247,000 BTC. This figure does not include any allocations from pension funds. Should legislators continue to advance these bills, additional investments may follow.
Potential Impact of Bitcoin Reserve Bills in 20 U.S. States, According to Analyst
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