| Alabama | PROPOSED | 12/14/2024 | State Auditor Andrew Sorrell advocates for establishing a strategic Bitcoin reserve, though no legislation has been proposed yet. Sorrell argues for gradual Bitcoin investment to diversify state holdings and attract crypto businesses. |
| Alaska | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Arizona | PROPOSED | 1/14/2025 | SB1025 'Arizona Strategic Bitcoin Reserve Act' would allow state treasurer and retirement systems to invest up to 10% in virtual currency |
| Arkansas | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| California | NOT PROPOSED | 1/19/2025 | Early discussions but no proposed legislation |
| Colorado | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Connecticut | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Delaware | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Florida | PROPOSED | 1/1/2025 | State exploring Bitcoin reserve through pension fund initiative |
| Georgia | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Hawaii | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Idaho | NOT PROPOSED | 6/18/2024 | Idaho Republican party has expressed opposition to CBDCs and support for Bitcoin, but no legislation has been proposed yet. The party's 2024 convention platform advocated for the right to use decentralized digital currencies. |
| Illinois | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Indiana | NOT PROPOSED | 1/13/2025 | HB1322 allows state pension funds to invest in Bitcoin ETFs, but does not establish a strategic reserve |
| Iowa | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Kansas | NOT PROPOSED | 1/16/2025 | Senate Bill 34 introduced to authorize KPERS board to invest in Bitcoin ETPs with specific requirements and limitations |
| Kentucky | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Louisiana | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Maine | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Maryland | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Massachusetts | PROPOSED | 1/18/2025 | Two bills (HD.3762 and SD.2422) introduced to establish Strategic Bitcoin Reserve for Massachusetts. |
| Michigan | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Minnesota | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Mississippi | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Missouri | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Montana | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Nebraska | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Nevada | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| New Hampshire | PROPOSED | 1/12/2025 | Bill introduced to establish Strategic Bitcoin Reserve |
| New Jersey | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| New Mexico | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| New York | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| North Carolina | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| North Dakota | PROPOSED | 1/12/2025 | Resolution 3001 introduced to diversify state funds with digital assets |
| Ohio | PROPOSED | 1/10/2025 | State Treasurer exploring Bitcoin reserve initiative |
| Oklahoma | PROPOSED | 1/15/2025 | HB 1203 filed to establish Strategic Bitcoin Reserve Act |
| Oregon | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Pennsylvania | PROPOSED | 11/14/2024 | HB 2664 filed to establish Pennsylvania Strategic Bitcoin Reserve |
| Rhode Island | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| South Carolina | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| South Dakota | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Tennessee | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Texas | PROPOSED | 1/16/2025 | Texas has proposed legislation to establish a state Strategic Bitcoin Reserve. |
| Utah | PROPOSED | 1/20/2025 | House Bill 230 introduced to establish blockchain and digital innovation framework, including provisions for state Bitcoin investments |
| Vermont | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Virginia | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Washington | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| West Virginia | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Wisconsin | NOT PROPOSED | 1/15/2025 | No proposed legislation |
| Wyoming | PROPOSED | 1/17/2025 | Wyoming House Bill 201 introduced to authorize investment of state funds and permanent funds in Bitcoin, requiring rulemaking and reporting requirements. |
