Montana Bill Proposes Bitcoin as State Reserve Asset
- Montana House Bill 429 allows investment in precious metals and digital assets.
- The bill has passed a Committee vote and is moving to the House floor.
- A state special revenue account will be created for these investments.
- Investments are limited to assets with a market cap over $750 billion; Bitcoin qualifies.
- The state treasurer may transfer up to $50 million from the general fund by July 15th, 2025.
Montana’s House Bill 429, which permits investing in precious metals and digital assets like Bitcoin, is advancing to the House floor after passing a Committee vote. The bill includes provisions for transferring up to $50 million into an investment account by mid-2025.
Source (2.6)https://dailyhodl.com/2025/02/22/montana-bitcoin-btc-reserve-bill-passes-out-of-committee-stage-heads-toward-state-house-floor-vote/?rand=59076
