Utah Strategic Bitcoin Reserve
Current status is PROPOSED
House Bill 230 introduced to establish blockchain and digital innovation framework, including provisions for state Bitcoin investments
Using rainy day funds, Utah could purchase 11,870 BTC assuming a BTC price of $100,000
Timeline
PROPOSED
House Bill 230 'Blockchain and Digital Innovation Amendments' introduced to establish framework for state digital asset investments and blockchain innovation
Read More →Rainy day fund data source: National Association of State Budget Officers