North Dakota Strategic Bitcoin Reserve
Current status is PROPOSED
Resolution 3001 introduced to diversify state funds with digital assets
Using rainy day funds, North Dakota could purchase 9,150 BTC assuming a BTC price of $100,000
Timeline
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