Massachusetts Strategic Bitcoin Reserve
Current status is PROPOSED
Two bills (HD.3762 and SD.2422) introduced to establish Strategic Bitcoin Reserve for Massachusetts.
Using rainy day funds, Massachusetts could purchase 91,240 BTC assuming a BTC price of $100,000
Timeline
PROPOSED
Representative Christopher J. Worrell introduced House Docket 3762, 'An Act allowing for fiscal resilience through strategic investment in stable digital financial assets'
Bill: HD.3762Read More →PROPOSED
Senator Barry R. Finegold introduced Senate Docket 2422, 'An Act allowing for fiscal resilience through strategic investment in stable digital financial assets'
Bill: SD.2422Read More →PROPOSED
Senator Peter J. Durant introduced Senate Docket 422, 'An Act relative to a Strategic Bitcoin Reserve', proposing the establishment of a state Bitcoin reserve.
Bill: SD422Read More →NOT PROPOSED
No proposed legislation
Rainy day fund data source: National Association of State Budget Officers
