Bitcoin legislation is advancing in almost 30 US states, with proposals directing funds into Bitcoin reserves. If enacted, these bills could drive up to $23 billion in buying, reflecting a varied approach to sourcing public money. Some states are considering allocating a percentage of their funding sources to Bitcoin as a hedge or alternative store of value. Federal interest in a national Bitcoin reserve remains limited, but state momentum suggests that local governments view Bitcoin as a strategic resource. If enacted, these plans could reshape how public money is allocated across the United States.

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