April 22, 2025

Pennsylvania bill proposes $700M Bitcoin allocation from state treasury

1 min read

Pennsylvania lawmakers have proposed a bill to pump $700 million of the state’s treasury into Bitcoin. The Pennsylvania Bitcoin Strategic Reserve Act wants to throw 10% of the state’s $7 billion into the world’s most famous cryptocurrency. If it passes, Pennsylvania will become the first state in the country to stash Bitcoin in its treasury.

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Source: Cryptopolitan

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