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International Business Times
International Business Times
Business
Marvie Basilan

New Hampshire, North Dakota Move Toward Strategic Digital Assets Reserve

Bitcoin Donald Trump New Hampshire North Dakota Texas GMC Pennsylvania Republican Party
Two more states have introduced bills that could direct state treasurers to invest part of the states' funds into digital assets. (Credit: AFP)

KEY POINTS

  • New Hampshire's proposed bill recommends investing in any digital asset with an average market cap of $500B in the past calendar year
  • North Dakota's proposed resolution did not specify which specific digital asset it recommends the state treasurer to allocate funds
  • Pennsylvania and Texas lawmakers previously introduced strategic Bitcoin reserve bills, with the Texas bill having a mandatory 5-year HODL provision

Two more states are considering the feasibility of investing some state funds into digital assets, marking a significant milestone in the Bitcoin community's push for the United States to adopt a strategic BTC reserve.

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