Additionally, there is significant good news today. The governor of New Hampshire has signed a bill, instantly rewriting the history of cryptocurrency. The first strategic reserve of Bitcoin in the United States has officially been established.
This state will spend between $280 million to $770 million each year, ranking Bitcoin alongside gold as the ultimate reserve asset. This move is ten times more aggressive than the previous Bitcoin ETF approvals, essentially opening the vault of the government to cryptocurrency.
It is important to note that the bill specifies that only cryptocurrencies with a market value exceeding $500 billion can qualify. Currently, globally, only Bitcoin meets this standard. This is not just buying coins; it is clearly issuing an official registration for Bitcoin.
Even more aggressively, Arizona has also quickly introduced the SB11373 bill.
With this wave of reserve announcements, once the storm kicks up, pension funds and financial reserves in various U.S. states may start pouring into Bitcoin. The future for Bitcoin is indeed promising!
