United States of Bitcoin? These States Are Considering BTC Reserves
Multiple U.S. states are reviewing Bitcoin reserve bills, while crypto advocates are pushing for similar proposals in other states.
Liz Napolitano
By Liz Napolitano
Dec 21, 2024
3 min read
Image: Shutterstock
Image: Shutterstock

Donald Trump and his political allies are plugging away at plans to stockpile Bitcoin at a national level in the U.S. Treasury. 

And now, with the asset’s price repeatedly soaring to new peaks since Election Day, some U.S. states are following suit. 

So far, three states are fielding proposals to establish strategic Bitcoin reserves, while digital asset advocates are calling for other local governments to do the same.