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North Dakota's State Legislature has introduced Resolution 3001, which encourages investing state funds in digital assets and precious metals to combat inflation. Meanwhile, New Hampshire is considering a similar bill that would allow its Treasury to invest in digital assets, with Bitcoin as the primary candidate based on market cap. Other states, including Oklahoma, are also exploring legislation to integrate Bitcoin into their economies.
North Dakota lawmakers have introduced a resolution encouraging the inclusion of digital assets and precious metals in the state treasury to combat inflation. Sponsored by six Representatives and two Senators, the proposal aims to diversify the state's financial resources without mandating action. This initiative aligns with similar efforts in New Hampshire, Pennsylvania, Texas, Alabama, and Florida to explore Bitcoin as a strategic reserve.
New Hampshire and North Dakota have introduced legislation for a Strategic Bitcoin Reserve, aiming to diversify state treasuries with digital assets. New Hampshire's bill, led by Rep. Keith Ammon, refers to "digital assets" without explicitly naming Bitcoin, while North Dakota's proposal has garnered 11 sponsors. The push for Bitcoin reserves has gained momentum following Donald Trump's promise to make the U.S. a crypto capital, though opinions on the likelihood of such a reserve materializing vary among industry leaders.
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