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North Dakota Considers Crypto Reserve as State Bitcoin Treasuries Gain Momentum
Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state Bitcoin proposals.
Jason Nelson
By Jason Nelson
Jan 11, 2025

North Dakota is the latest U.S. state to consider including Bitcoin in its balance sheets. On Friday, the North Dakota State Legislature introduced a resolution aimed at investing “select state funds in digital assets and precious metals.”

Resolution 3001 aims to curb the impact of inflation on North Dakota's finances by diversifying the assets the state invests in. North Dakota Representatives Nathan Toman, Matthew Heilman, Jared Hendrix, Daniel Johnston, SuAnn Olson, and Todd Porter, along with Senators Jeff Barta and Bob Paulson, introduced the resolution.

“Whereas changing economic conditions and emerging investment opportunities require prudent investment of the state's financial resources,” the resolution said