Loading...
Market
Will another US state announce a Bitcoin reserve by March 2025?
4
Pennsylvania•House of Representatives•Bitcoin•Strategic Bitcoin Reserve•Fox Business•Eleanor Terrett
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from state governments or reputable news sources
Story
Pennsylvania Becomes First State to Propose $7 Billion Strategic Bitcoin Reserve
Nov 14, 2024, 03:43 PM
Pennsylvania's House of Representatives has introduced legislation that would allow the state to hold Bitcoin as a reserve asset, aiming to establish it as a recognized store of value. The bill proposes the creation of a Strategic Bitcoin Reserve, potentially making Pennsylvania the first state to add Bitcoin to its balance sheet. The legislation suggests utilizing a $7 billion state fund for Bitcoin purchases. The news was first reported by Fox Business journalist Eleanor Terrett. Reports indicate that other states, with as many as 10 expressing interest, are also exploring similar initiatives.
View original story
Similar markets
Yes • 50%
No • 50%
California • 25%
Texas • 25%
New York • 25%
Other • 25%
Ohio • 25%
Pennsylvania • 25%
Florida • 25%
Other • 25%
California • 25%
Texas • 25%
New York • 25%
Other • 25%
Wyoming • 25%
Other • 25%
Texas • 25%
Alabama • 25%
Florida • 25%
Pennsylvania • 25%
Texas • 25%
Pennsylvania • 25%
Both Texas and Pennsylvania • 25%
Neither • 25%
Texas • 25%
Florida • 25%
California • 25%
Other • 25%