With increasing expectations for the United States to implement a Bitcoin $104,938 strategy, new states are presenting BTC ($104,495.95) proposals. Montana has joined the ranks of states adopting a strategic Bitcoin reserve.
State Initiatives on Bitcoin
Following the Czech Republic’s approval of a proposal to analyze reserve diversification opportunities, Montana has introduced a new Bitcoin bill. This development raises uncertainty about which country will be the first to embrace a Bitcoin strategy.
According to Dennis Porter, CEO and co-founder of the Satoshi Action Fund, Montana’s strategic Bitcoin reserve bill has been introduced. The proposal aims to allow investments of up to $50 million in Bitcoin, other digital assets, stablecoins, or precious metals.
“The Bitcoin bill demonstrates Montana’s interest in the digital asset market.” -Dennis Porter.
Porter explained that Montana’s Bitcoin bill was presented by Rep. Gayle Lammers, with assistance from Rep. Curtis Schomer. Approximately 15 U.S. states, including Montana, have submitted BTC proposals, generating excitement in the commun…