- States are actively pushing ‘Strategic Bitcoin Reserve’ initiatives, led by Ohio’s landmark legislation.
- Trump’s cryptocurrency working group hints at federal interest amid growing bitcoin adoption at the state level.
Amid the growing buzz surrounding President Donald Trump’s proposal to establish a strategic bitcoin [BTC] Reserve for the United States, individual states appear to be tuning in to the movement.
Another State Joins the Bitcoin Reserve Race?
The initiative has gained momentum, with Dennis Porter, co-founder of the Satoshi Action Fund (SAF), revealing on X (formerly Twitter) that a state lawmaker has privately expressed interest in supporting the reserve.
He said,,
“A state lawmaker just hit me in the DMS. Another state will join the ‘Strategic Bitcoin Reserve’ movement. The states will lead. ”
In a separate tweet, he continued added,,
“I can confirm that at least 15 states will introduce ‘strategic Bitcoin Reserve’ legislation. Maybe even 16. As a reminder, just 3 months ago this number was zero. ”
Reply to Porter, a user noted,
“States embracing bitcoin reserves show where the real innovation is happening—bottom-up leadership while the federal level drags its feet.”
This highlights that key role states are continuing this ground-breaking initiative.
Polymarket data and Ohio’s bold move
Despite the growing enthusiasm, however, Polymarket data When asked: “Will Trump create a bitcoin reserve in his first 100 days?” reveals only a 21% probability, due to skepticism among gamblers.
However, Ohio has already taken decisive steps with a newly introduced bill to set up a “strategic Bitcoin reserve.”
Drawn by the majority WHIP and supported by six co-sponsors, the bill allows the state to allocate up to 10% of its General Fund, Budget Stabilization Fund and Prize Trust Fund to BTC.
It also includes stringent measures such as requiring robust self-seasoning or qualified custodians for asset management.
Designed to minimize political opposition, the bill uses the term “digital assets” while maintaining a clear focus on Bitcoin by requiring a market capitalization of $750 billion and an average threshold of 12 months—criteria that currently only BTC meets.
This proactive approach is intended to protect the state’s funds against inflation and ensure rapid adaptability in the evolving financial landscape.
Noting this, billionaire and bitcoin fan, Vivek Ramaswamy added,
Source: Vivek Ramaswamy/X
Trump’s devotion
This coincides with President Trump’s directive establish A cryptocurrency working group and underlines a strong commitment to reforming national crypto policy, including the exploration of a cryptocurrency stock.
While Polymarket data casts doubt on immediate developments, growing interest from states like Wyoming and Massachusetts, alongside Switzerland’s consideration of BTC for its reserves, signals a broader shift in attitudes.
Recent legislative efforts in Texas and Oklahoma further indicate that the idea of a bitcoin reserve is no longer just theoretical — it is gaining traction.
While uncertainties remain, these developments point to a new era for Bitcoin’s role in financial systems, where its adoption as a strategic reserve asset could become a tangible reality.