New Hampshire Considers Bill for Investing in Bitcoin and Precious Metals
- New Hampshire Rep. Keith Ammon proposed a bill to invest public funds in digital assets and precious metals.
- The bill allows investment in assets with a market cap over $500 billion, currently only including Bitcoin.
- The state treasury could allocate up to 10% of its $3.6 billion balance as of June 30.
- The proposal includes provisions for lending or staking digital assets like Ethereum and Solana.
- Ammon’s bill aligns with previous calls for a strategic Bitcoin reserve by President-elect Donald Trump.
New Hampshire’s proposed legislation would enable the state treasury to invest up to 10% of its funds, totaling $3.6 billion as of June, into Bitcoin and precious metals, reflecting broader trends toward creating strategic reserves.
