BTC Million Dollar Vision:
In-depth analysis of the milestone significance of New Hampshire's HB302 bill. The HB302 bill passed by the state of New Hampshire has become the world's first state-level Bitcoin strategic reserve bill, which is fundamentally different from the "strategic Bitcoin reserve" plan promoted by Trump without Congressional approval, as its legal authority is more authoritative.
The chain reaction and scale of the bill clarify that it will trigger a demonstration effect, with 16 states already following up with reserve proposals, and states like North Carolina, Oklahoma, and Texas expected to accelerate their actions.
It is worth noting that the actual funds available for purchasing BTC in New Hampshire amount to $160 million to $400 million, with the upper limit likely being $160 million, far lower than the $770 million mentioned by some viewpoints, and these funds will also need to be allocated to assets such as precious metals.
Based on this estimate, the state may only be able to purchase about 1,600 BTC by 2025, making it difficult to directly drive a significant price increase.
The long-term value of the bill: The core significance of the HB302 bill lies in initiating institutional change:
Gradually penetrating from state-level legislation to the federal level, driving Bitcoin to complete its transformation from a crypto asset to global digital gold, laying the institutional foundation for its long-term value.
