Behind the scenes, Bitcoin legislation goes on state level in the United States, with almost 30 proposals that lead funds to reserves. Such as Matthew Sigel, head of Digital Assets Research at Vaneck, reported, 20 of the accounts that are assessed can only buy up to $ 23 billion, or about 247,000 BTC, if established.
This figure excludes allocations of pension funds that can arise if the legislators of the State advance. Various state measures focus on channeling general budgets, special income accounts and “Rainy Day” funds in Bitcoin, which reflects a varied approach for purchasing public money.
The proposal at Oklahoma’s commission level strives for a allocation of 10% of the sources of $ 14.7 billion on state financing, which amounts to more than 15,000 BTC. Massachusetts introduced a measure that focuses on its “Rainy Day” fund, which is $ 8.8 billion, while Texas has advanced the legislation that could commit at least 1% of the unobstructed general income to Bitcoin.
Some proposals specify percentages, while others do not notice a fixed figure, as can be seen at New Hampshire and Montana. The efforts of Wyoming, once aimed at a allocation of 3% of $ 27.1 billion, has marked or died, although other states continue to push comparable bills through committees or introductory phases. Iowa, Missouri, New Mexico and South Dakota belong to the states that weigh different percentages, which suggests shared prospects that Bitcoin can serve as a hedge or alternative value of value.
North Carolina recently participated in this trend and introduced a plan to invest 10% of the selected state funds in Bitcoin. Some legislators mention inflation and diversification as rationales, while others emphasize an interest in financial innovation. Critics claim that volatility remains a barrier for broad acceptance in state portfolios, pointing to the uncertain legal and political environment.
States vary in their financing approaches. Maryland investigates allocations via a income flow of gambling enforcement. Ohio’s proposal includes designated donations and interim state funds. Kentucky connects Bitcoin investments to assets that exceed a specific market capitalization threshold, which mainly influences Bitcoin because of the historical position at the top of the ranking of digital assets. Proponents claim that even minimal positions can familiarize government entities with emerging technology and openness for innovation in the private sector signals.
| Stands | Date | Status | Source | Financing size | Investment % | BTC |
|---|---|---|---|---|---|---|
| Oklahoma | 15 -Jan – 25 | Committee 2 | State General Fund, Revenue Stabilization Fund, Constitutional Reserve (“Rainy Day”) |
$ 14,664,000,000 | 10% | 15,125 |
| Massachusetts | 10 -Jan – 25 | Entered | Constitutional Stabilization (“Rainy Day”) Fund | $ 8,831,000,000 | 10% | 9,139 |
| Wyoming | 17 -Jan – 25 | Failed/death | General Fund and Permanent Wyoming Mineral Trust | $ 27,100,000,000 | 3% | 9,088 |
| New Hampshire | 10 -Jan – 25 | Committee 1 | General fund, income stabilization funds, others | $ 12,316,117,432 | N / A | 2,183 |
| Utah | 15 -Jan – 25 | Committee 2 | National disaster repair/general income reserve/ Income taxing fund Budget Reserve/Medicaid -Groeivaseer and allocation accounts |
$ 1,401,800,000 | 10% | 1,446 |
| Texas | 16 -Jan – 25 | Committee 1 | Not -Humped and not -Bent GRF -Balance | $ 18,290,000,000 | 1% | 1,887 |
| Iowa | 6 -feb – 25 | Committee 1 | General Fund, Cash Reserve Fund, Economic Emergency Fund | $ 5,472,000,000 | 5% | 2,822 |
| Missouri | 23 -Jan – 25 | Committee 1 | Staplenningmeester | $ 17,082,467.808 | 10% | 17,620 |
| New Mexico | 4 -Feb – 25 | Committee 1 | Land Grant Permanent Fund, Severance Tax Permanent Fund, Tobacco -setting permanent fund, other state funds |
$ 42,098,000,000 | 5% | 21,711 |
| South Dakota | 30 -Jan – 25 | Committee 1 | State Public Funds Approved by the State Investment Council | $ 16,678,000,000 | 10% | 17,203 |
| Montana | 8 -feb – 25 | Committee 1 | Montana General Fund (initially up to $ 50 million) |
$ 4,176,970,000 | N / A | 516 |
| North Carolina | 10 -feb – 25 | Entered | General Fund, Highway Fund, Teachers ‘& State Employees’ Pension system, other special state funds |
$ 26,291,046,000 | 10% | 27,118 |
Analysis of 20 US State Bitcoin Reserve proposals (Source: Matthew Siegel, Vaneck)
The federal interest rate seems limited to discussions at an early stage, although public statements by the government of President Donald Trump and some legislators have introduced the idea of a national bitcoin reserve. The concept still has to come out in any final action. However, Staatsmomentum suggests that local governments regard Bitcoin as a strategic source, in particular for specific budget categories and investment pools. Although some states have stopped or rejected such efforts, the general pattern indicates a growing urge to formalize Bitcoin Holdings as part of the tax policy at state level.
Legislative committees will continue to evaluate each account, with some measures that may return for further debate despite the first setbacks. Proposals that can undergo the survival committee research on changes before they reach the final voices, but the broad interest emphasizes the potential role of Bitcoin in government strategies. If states implement these plans in substantial form, the combined effect could reform how public money is allocated in the United States.
