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January 7, 2025

Up to 20 US States Prepare to Introduce Strategic Bitcoin Reserve Bills

The Satoshi Action Fund’s CEO, Dennis Porter, announced a significant move to introduce up to 20 “Strategic Bitcoin Reserve” bills at the state level. States are gearing up to establish strategic Bitcoin reserves that could be operational by summer, pending the approval of these bills. This initiative aims to position states as proactive players in the evolving cryptocurrency landscape. If passed, these bills will represent a transformative step in how governments interact with digital currencies, particularly Bitcoin. As states explore integrating Bitcoin into their financial frameworks, potential implications for the broader market could arise. Stakeholders should closely watch these developments as they unfold. The foundation laid by these initiatives could impact Bitcoin’s future adoption and value.

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