As of February 14th, 2025, nearly half of the United States have either introduced or began the voting process on legislation aimed at enabling the incorporation of a Bitcoin Strategic Reserve in some form at the state level. These moves further reflect a significant shift on the government’s view on Bitcoin and Crypto. Only a few years ago, this idea would have been considered ludicrous. Today, however, state legislatures are showing that they are open to the idea of exploring ways to integrate Bitcoin into their State’s economic strategy.
North Dakota stands as an outlier in US, being the only state to have already rejected the possibility with Bill 1184, which would have enabled investment in digital assets by the state. This bill was introduced on January 31st 2025, and failed with 57 members voting no and 32 members voting yes.
Both Arizona and Utah currently have bills pending in legislation. In February 2024, Arizona passed (SCR 1016) in their senate, which allowed for the State’s pension to study the possibility of investing in a Bitcoin ETF, while Utah has already passed Bill HB230 through their house and is currently awaiting a vote in the State Senate.
Track all of the current legislation related to the adoption/investment of a Bitcoin across the country here.