As of January 2025, at least 13 U.S. states are actively working on legislation to establish strategic #Bitcoin reserves. While not all states have been publicly identified, several have announced their initiatives:

•#Texas : State Representative Giovanni Capriglione introduced a bill in December 2024 proposing the creation of a strategic Bitcoin reserve for Texas.

•#Pennsylvania : In November 2024, the Pennsylvania House of Representatives proposed a bill to establish a strategic Bitcoin reserve, allowing the state’s Treasurer to invest up to 10% of certain funds into Bitcoin.

•#Ohio : State Representative Derek Merrin introduced the Ohio Bitcoin Reserve Act in December 2024, aiming to create a Bitcoin fund within the state Treasury.

•New Hampshire: Representative Keith Ammon proposed a bill on January 10, 2025, to permit the state’s Treasury to invest in Bitcoin, marking a proactive approach to digital assets.

•North Dakota: On January 10, 2025, North Dakota legislators introduced a resolution to invest selected state funds in digital assets, signaling interest in establishing a Bitcoin reserve.

•#Oklahoma: The state has proposed the Strategic Bitcoin Reserve Act, joining other states in considering Bitcoin for state treasury holdings.

These initiatives reflect a growing trend among state governments to diversify assets and embrace Bitcoin.

Gradually, then suddenly 🟠

#Nostr #News