Bitcoin Reserve Monitor
Bitcoin Reserve Monitor

United States Bitcoin Reserve Status by State List

StateStatusLast UpdatedDescription
AlabamaPROPOSED12/14/2024State 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.
AlaskaNOT PROPOSED1/15/2025No proposed legislation
ArizonaIN PROGRESS1/27/2025SB1025 'Arizona Strategic Bitcoin Reserve Act' would allow state treasurer and retirement systems to invest up to 10% in virtual currency
ArkansasNOT PROPOSED1/15/2025No proposed legislation
CaliforniaNOT PROPOSED1/19/2025Early discussions but no proposed legislation
ColoradoNOT PROPOSED1/15/2025No proposed legislation
ConnecticutNOT PROPOSED1/15/2025No proposed legislation
DelawareNOT PROPOSED1/15/2025No proposed legislation
FloridaPROPOSED2/7/2025SB550 introduced to authorize state Bitcoin investments, alongside pension fund initiative
GeorgiaNOT PROPOSED1/15/2025No proposed legislation
HawaiiNOT PROPOSED1/15/2025No proposed legislation
IdahoNOT PROPOSED6/18/2024Idaho 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.
IllinoisPROPOSED1/29/2025HB1844 Strategic Bitcoin Reserve Act introduced by Rep. John Cabello
IndianaNOT PROPOSED1/30/2025Multiple digital asset bills introduced: HB1322 for ETF investments and HB1156 for business regulation
IowaNOT PROPOSED1/15/2025No proposed legislation
KansasPROPOSED1/16/2025Senate Bill 34 introduced to authorize KPERS board to invest in Bitcoin ETPs with specific requirements and limitations
KentuckyPROPOSED2/7/2025HB376 introduced to authorize state investment in digital assets and bullion
LouisianaNOT PROPOSED1/15/2025No proposed legislation
MaineNOT PROPOSED1/15/2025No proposed legislation
MarylandPROPOSED2/7/2025Strategic Bitcoin Reserve Act of Maryland (HB1389) introduced by Delegate Young
MassachusettsPROPOSED1/18/2025Two bills (HD.3762 and SD.2422) introduced to establish Strategic Bitcoin Reserve for Massachusetts.
MichiganNOT PROPOSED1/15/2025No proposed legislation
MinnesotaNOT PROPOSED1/15/2025No proposed legislation
MississippiNOT PROPOSED1/20/2025HB1590 'Blockchain Basics Act' introduced to protect digital asset rights, but no Bitcoin reserve proposal
MissouriPROPOSED1/30/2025SB614 introduced to allow State Treasurer to invest in qualifying digital assets including Bitcoin
MontanaNOT PROPOSED1/15/2025No proposed legislation
NebraskaNOT PROPOSED1/15/2025No proposed legislation
NevadaNOT PROPOSED1/15/2025No proposed legislation
New HampshirePROPOSED1/12/2025Bill introduced to establish Strategic Bitcoin Reserve
New JerseyNOT PROPOSED1/30/2025A2249 introduced to regulate digital asset business activity, but no Bitcoin reserve proposal
New MexicoPROPOSED2/4/2025Strategic Bitcoin Reserve Act (SB275) introduced by Senator Anthony L. Thornton
New YorkNOT PROPOSED1/15/2025No proposed legislation
North CarolinaNOT PROPOSED1/15/2025No proposed legislation
North DakotaREJECTED2/4/2025HB1184 for digital asset investments failed in House vote
OhioPROPOSED2/7/2025Two Bitcoin Reserve bills introduced: SB57 (Ohio Bitcoin Reserve Act) and HB18 (Strategic Cryptocurrency Reserve Act)
OklahomaPROPOSED1/29/2025HB 1203 filed to establish Strategic Bitcoin Reserve Act
OregonNOT PROPOSED1/30/2025HB2071 introduced to protect digital asset rights, but no Bitcoin reserve proposal
PennsylvaniaPROPOSED11/14/2024HB 2664 filed to establish Pennsylvania Strategic Bitcoin Reserve
Rhode IslandNOT PROPOSED1/15/2025No proposed legislation
South CarolinaNOT PROPOSED1/15/2025No proposed legislation
South DakotaPROPOSED1/28/2025Representative Logan Manhart announces plans to introduce Strategic Bitcoin Reserve legislation
TennesseeNOT PROPOSED1/15/2025No proposed legislation
TexasPROPOSED1/16/2025Texas has proposed legislation to establish a state Strategic Bitcoin Reserve.
UtahIN PROGRESS2/6/2025House Bill 230 passes House vote 38-34, moves to Senate for consideration
VermontNOT PROPOSED1/15/2025No proposed legislation
VirginiaNOT PROPOSED1/15/2025No proposed legislation
WashingtonNOT PROPOSED1/15/2025No proposed legislation
West VirginiaNOT PROPOSED1/15/2025No proposed legislation
WisconsinNOT PROPOSED1/15/2025No proposed legislation
WyomingPROPOSED1/17/2025Wyoming House Bill 201 introduced to authorize investment of state funds and permanent funds in Bitcoin, requiring rulemaking and reporting requirements.
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