Rhode Island Strategic Bitcoin Reserve

Current status is PROPOSED

H6007 introduced to allow state investment in digital assets and precious metals

Using rainy day funds, Rhode Island could purchase 2,890 BTC assuming a BTC price of $100,000

Timeline
2/28/2025
PROPOSED

H6007 'Strategic Digital Asset and Precious Metal Reserve Act' introduced

Key Details:
  • Would establish a strategic reserve of digital assets and precious metals

  • Aims to diversify state investments beyond traditional financial assets

  • Creates framework for secure custody and management of digital assets

  • Sets guidelines for state investment in Bitcoin and other digital assets

Bill: H6007Read More →
1/15/2025
NOT PROPOSED

No proposed legislation

Rainy day fund data source: National Association of State Budget Officers