๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐จ๐ ๐๐ข๐ญ๐๐จ๐ข๐ง? ๐๐ก๐๐ฌ๐ ๐๐ญ๐๐ญ๐๐ฌ ๐๐ซ๐ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐ข๐ง๐ ๐๐๐ ๐๐๐ฌ๐๐ซ๐ฏ๐๐ฌ
As of February 2025, a growing number of U.S. states are considering legislation to establish strategic Bitcoin reserves as part of their financial strategies. This movement aligns with President Donald Trump's federal initiative to create a national Bitcoin stockpile.
States such as Texas, Pennsylvania, Ohio, Wyoming, Massachusetts, Oklahoma, Illinois, and South Dakota have introduced proposals to invest in Bitcoin. For instance, Texas State Representative Giovanni Capriglione proposed a bill in December 2024 to create a Bitcoin stockpile, emphasizing the state's commitment to fostering innovation in digital assets.
Similarly, Pennsylvania's House of Representatives proposed a bill in November 2024 that would allow the state's Treasurer to allocate up to 10% of various state funds into Bitcoin, potentially enabling a significant investment.
In December 2024, Ohio State Representative Derek Merrin introduced a bill to establish a strategic Bitcoin reserve, granting the State Treasurer discretionary power to purchase the asset.
Wyoming and Massachusetts have also joined this trend, with legislators submitting draft bills in January 2025 to permit their state treasurers to invest public funds in Bitcoin.
As of early February 2025, 16 U.S. states are exploring legislation to establish Bitcoin reserves or enable crypto investments for public funds, with Utah leading the way.
This state-level momentum reflects a broader national interest in integrating Bitcoin into governmental financial strategies, aiming to leverage the cryptocurrency's potential as a hedge against inflation and a tool for financial innovation.
