#BTCStateReserves

As of February 11, 2025, the concept of establishing Bitcoin reserves has gained significant traction among various U.S. states and at the federal level. Several states have introduced legislation to allocate a portion of their reserves to Bitcoin, aiming to diversify assets and hedge against economic uncertainties.

State-Level Initiatives:

Florida: Introduced SB 550, proposing that up to 10% of state reserves be allocated to Bitcoin.

North Carolina: Proposed HB 92, focusing on investments in crypto-related exchange-traded products.

Texas: Legislators are considering a bill to establish a strategic Bitcoin reserve, requiring the state to hold Bitcoin for at least five years.

Wyoming and Massachusetts: Both states have submitted draft legislation to permit the investment of public funds in Bitcoin.

In total, at least 16 U.S. states are actively considering legislation to incorporate Bitcoin into their reserves or investment portfolios.

Federal-Level Discussions:

At the federal level, discussions about a national Bitcoin reserve have intensified. Senator Cynthia Lummis introduced legislation in July 2024 proposing that the Treasury and the Federal Reserve acquire 5% of the global Bitcoin supply annually for five years.

Additionally, President Donald