According to market news, the strategic bitcoin reserve legislation in Montana has passed committee consideration and is about to enter the House of Representatives voting stage.
Previously reported, on February 9, Montana House Bill 429 would authorize the state treasurer to invest up to $50 million from the general fund in'digital assets with a market capitalization of more than $750 billion, 'or bitcoin, until July 15, 2025. These investments must be held by a qualified custodian or made through an exchange-traded fund.
Montana's strategic bitcoin reserve legislation has passed committee consideration and is about to move to a House vote
2025-02-19 19:20:03
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