West Virginia Strategic Bitcoin Reserve
Current status is PROPOSED
SB 465 introduced to allow state investment in digital assets and precious metals
Using rainy day funds, West Virginia could purchase 13,000 BTC assuming a BTC price of $100,000
Timeline
2/14/2025Bill: SB 465Read More →
PROPOSED
Senator Rose introduces SB 465 (Inflation Protection Act) to allow Board of Treasury and state retirement fund to invest in digital assets and precious metals
Key Details:
Allows investment in digital assets with market cap over $750B
Includes precious metals investment provisions
Requires secure custody solutions
Limits investments to 10% of fund total
Enables staking and lending of digital assets
Allows for ETPs and direct custody
1/15/2025
NOT PROPOSED
No proposed legislation
Rainy day fund data source: National Association of State Budget Officers