Maryland Strategic Bitcoin Reserve
Current status is PROPOSED
Strategic Bitcoin Reserve Act of Maryland (HB1389) introduced by Delegate Young
Using rainy day funds, Maryland could purchase 20,870 BTC assuming a BTC price of $100,000
Timeline
2/7/2025Bill: HB1389Read More →
PROPOSED
Strategic Bitcoin Reserve Act (HB1389) introduced and referred to Judiciary and Appropriations committees
Key Details:
Establishes Maryland Bitcoin Reserve Fund
Authorizes State Treasurer to invest gambling violation funds in Bitcoin
Effective date: October 1, 2025
1/15/2025
NOT PROPOSED
No proposed legislation
Rainy day fund data source: National Association of State Budget Officers