$BTC Breaking through 150,000 is not a dream?

Illustration of the current status of Bitcoin strategic reserves in various U.S. states.

As of May 6, data regarding the strategic reserves of 34 U.S. states shows that 2 governors have signed bills, 3 states have completed voting in the House and Senate, while 8 states have rejected the reserve bills.

Currently, the states are still in the review stage, and there is still a distance to go before the reserve bills are signed by the governors of each state.

For the Bitcoin reserve bills, the number of states that have rejected them is still greater than those that have agreed, indicating that state governments in the U.S. are still relatively conservative regarding Bitcoin reserve legislation.

However, there remains an optimistic attitude towards the strategic reserves of state governments, which will have a positive impact on the long-term price of Bitcoin.

Based on the current ratios, if 10 states ultimately agree to the strategic reserve bills while the others do not pass, it can be expected that about 5% of the reserve funds from U.S. state governments will flow into Bitcoin. The future price of Bitcoin is expected to be more astonishing than the current price.