California Strategic Bitcoin Reserve
Current status is NOT PROPOSED
Early discussions but no proposed legislation
Using rainy day funds, California could purchase 221,960 BTC assuming a BTC price of $100,000
Timeline
1/19/2025
NOT PROPOSED
Early discussions between Assembly member Vince Fong and Proof of Workforce about potential Bitcoin adoption strategies, but no formal legislation proposed
Read More →1/15/2025
NOT PROPOSED
No proposed legislation
Rainy day fund data source: National Association of State Budget Officers