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
2/28/2025Bill: H6007Read More →
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
1/15/2025
NOT PROPOSED
No proposed legislation
Rainy day fund data source: National Association of State Budget Officers