Pennsylvania Strategic Bitcoin Reserve
Current status is PROPOSED
HB 2664 filed to establish Pennsylvania Strategic Bitcoin Reserve
Using rainy day funds, Pennsylvania could purchase 74,430 BTC assuming a BTC price of $100,000
Timeline
11/14/2024
PROPOSED
House Bill 2664 (Pennsylvania Strategic Bitcoin Reserve Act) introduced by Reps. Mike Cabell and Aaron Kaufer. The bill would allow the state treasurer to invest up to 10% of Pennsylvania's General Fund, Rainy Day Fund, and State Investment Fund into Bitcoin and crypto-based ETPs.
Bill: HB 2664Read More →Rainy day fund data source: National Association of State Budget Officers
