North Dakota Strategic Bitcoin Reserve
Current status is REJECTED
HB1184 for digital asset investments failed in House vote
Using rainy day funds, North Dakota could purchase 9,150 BTC assuming a BTC price of $100,000
Timeline
REJECTED
HB1184 failed in House with 32 yeas, 57 nays
Key Details:
Would have enabled digital asset and precious metal investments
Proposed changes to chapters 15-01, 21-10, and 54-11 of North Dakota Century Code
Failed with 32-57 vote in House
Bipartisan group of sponsors from both chambers
PROPOSED
Resolution 3001 introduced to encourage State Treasurer and Investment Board to diversify key state funds by allocating them to digital assets and precious metals. The resolution aims to mitigate inflation effects through broader investment strategy.
Key Details:
Encourages digital asset and precious metals investment
Focuses on broader investment strategy
Non-binding resolution
Vote scheduled for following Tuesday
Rainy day fund data source: National Association of State Budget Officers