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Amirali70 🎩🔮🧀
@amirali70
🇺🇸 North Carolina Senators introduce bill to invest up to 10% of public funds into Bitcoin.
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ZIZI🔵 🦄 🛡️
@zohrehfakhri
The bill introduced by North Carolina Senators, known as the Bitcoin Reserve and Investment Act (SB327), proposes investing up to 10% of the state's general fund in Bitcoin. This move could potentially reshape state financial strategies, with North Carolina's general fund currently holding $9.5 billion. The bill, led by Republican Senators Todd Johnson, Brad Overcash, and Timothy Moffitt, envisions Bitcoin investment as a "financial innovation strategy" to strengthen the state's portfolio. If passed, the State Treasurer would be authorized to allocate up to 10% of public funds to Bitcoin investments.
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