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
2/14/2025
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

Bill: SB 465Read More →
1/15/2025
NOT PROPOSED

No proposed legislation

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

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