🧵 United States of #Bitcoin? 
These States Are Considering BTC Reserves 🇺🇸🔥

Several U.S. states are now debating bills to add BTC to their treasuries. Here’s a breakdown of what’s happening state by state. 👇

1️⃣ Texas
Texas is considering a bill (H.B. 1598) that would establish a strategic Bitcoin reserve. The proposal requires the state to hold BTC for at least 5 years in cold storage. It even allows Texans to donate to the fund!
📅 Introduced: Dec 2024
👨‍⚖️ Sponsor: Rep. Giovanni Capriglione

2️⃣ Pennsylvania
A bill in Pennsylvania proposes investing up to 10% of the State General Fund, Rainy Day Fund, and Investment Fund into Bitcoin. That could mean nearly $1 billion worth of BTC!
📅 Introduced: Nov 2024
👨‍⚖️ Sponsor: House Representatives

3️⃣ Ohio
The Ohio Bitcoin Reserve Act (H.B. 703) would create a BTC fund in the state Treasury. The Treasurer would have discretionary power to purchase Bitcoin to protect against USD devaluation.
📅 Introduced: Dec 17, 2024
👨‍⚖️ Sponsor: Rep. Derek Merrin

4️⃣ New Hampshire
A new bill allows New Hampshire’s Treasury to invest in Bitcoin. While BTC isn't explicitly named, it's the only crypto that qualifies under the high market cap requirement. The bill even allows “lending or staking.”
📅 Introduced: Jan 10, 2025
👨‍⚖️ Sponsor: Rep. Keith Ammon

5️⃣ North Dakota
A resolution (Resolution 3001) proposes investing state funds into digital assets like Bitcoin and precious metals to fight inflation. A full bill may follow after further discussion.
📅 Introduced: Jan 10, 2025
👨‍⚖️ Sponsors: Nathan Toman, Matthew Heilman, Jared Hendrix & more

6️⃣ Wyoming
A bill would allow Wyoming’s Treasury to invest up to 3% of several state funds in BTC. Funds include the general fund, mineral trust fund, and land fund. BTC could be held directly or via an ETF.
📅 Introduced: Jan 2025
👨‍⚖️ Sponsors: Five Republican senators

7️⃣ Massachusetts
A bill proposes investing up to 10% of the state’s rainy day fund into Bitcoin. It also supports loaning BTC to generate extra returns—if it can be done “without increasing risk.”
👨‍⚖️ Sponsor: Sen. Peter Duran
📅 Introduced: Jan 2025

8️⃣ Oklahoma
A bill proposes allowing Oklahoma’s Treasury to invest public funds into any digital asset with a $500B+ market cap. Currently, only BTC qualifies. The bill also allows investment in asset-backed stablecoins.
📅 Introduced: Jan 2025
👨‍⚖️ Sponsor: Rep. Cody Maynard

9️⃣ Utah
A new bill (H.B. 230) allows Utah’s Treasury to invest up to 10% of funds into crypto. It also includes provisions for staking, lending, and self-custody rights. BTC is the only crypto that qualifies.
📅 Introduced: Jan 20, 2025
👨‍⚖️ Sponsor: Rep. Jordan Teuscher

🔟 Illinois
A bill (HB1844) proposes creating a Strategic Bitcoin Reserve to hold Bitcoin as a financial asset for the state. The fund would accept Bitcoin donations from residents and governmental entities, with a mandatory holding period of at least five years.
📅 Introduced: Jan 2025
👨‍⚖️ Sponsors: Rep. John M. Cabello

🔥 With 10 states pushing for Bitcoin reserves, the U.S. is seeing a historic shift towards digital assets. Will your state be next? 👀 

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