Ohio Strategic Bitcoin Reserve
Current status is PROPOSED
State Treasurer exploring Bitcoin reserve initiative
Using rainy day funds, Ohio could purchase 39,110 BTC assuming a BTC price of $100,000
Timeline
1/10/2025
PROPOSED
Ohio State Treasurer Robert Sprague announces exploration of Bitcoin reserve strategy, following Texas and Florida's lead. Initiative focuses on potential allocation from state's investment portfolio to establish a Bitcoin reserve.
Key Details:
State Treasurer leading initiative
Exploring allocation from state investment portfolio
Following Texas and Florida models
Part of broader state treasury modernization
Rainy day fund data source: National Association of State Budget Officers
