Bitcoin legislation is progressing at the state level in the US, with nearly 30 proposals looking to allocate funds into Bitcoin reserves. If enacted, 20 of these bills alone could lead to $23 billion in buying, equivalent to 247,000 BTC. This excludes pension fund allocations that could arise if state legislators move forward. Different states have different approaches, with some looking to channel general budgets, special revenue accounts, and "Rainy Day" funds into Bitcoin. States such as Oklahoma, Massachusetts, and Texas have introduced specific measures, while others like New Hampshire and Montana have not specified fixed figures. North Carolina has recently joined this trend, planning to invest 10% of select state funds in Bitcoin. Although federal interest appears limited, state momentum suggests that local governments see Bitcoin as a strategic resource and are looking to formalize its holdings as part of state-level fiscal policy. Legislative committees will further evaluate the proposed bills, with the potential for amendments before final votes. The combined effect of these plans could reshape how public money is allocated across the US.



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