Coin-Turk 32 minutes ago
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The state of Maryland has introduced a new bill proposing the establishment of a Bitcoin 
$95,961 reserve fund to evaluate revenues obtained from specific legal violations as digital assets. This initiative aims to explore Bitcoin as an alternative investment tool that could contribute to the state budget.
Maryland’s Bitcoin Reserve Proposal
With its “Strategic Bitcoin Reserve Act,” Maryland seeks to allocate certain revenues held by the state treasury into Bitcoin. The proposal positions these revenues as a diversification element within the state’s financial strategies. David Sacks has indicated that his team is actively considering the creation of a strategic Bitcoin reserve.
Several states across the United States are pursuing efforts to direct state funds into digital assets. At least 22 states are discussing similar legislation or examining digital asset strategies within current investments. Some states are even looking to allocate portions of their pension funds to alternative investment vehicles.
Examples from Utah and Kentucky
Utah…
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