Missouri Revives Bitcoin Reserve After Last Year’s Failure
Missouri is giving Bitcoin another chance. Lawmakers recently advanced House Bill 2080 to the State House Commerce Committee. The proposal would create a Bitcoin Strategic Reserve Fund inside the state treasury. If approved, the state would hold BTC for at least five years before selling. The treasurer could also accept gifts, grants, and donations in Bitcoin.
Missouri Revives Bitcoin Plan After Last Year’s Setback
The bill is a revival of a similar proposal from 2025 that failed in committee. Lawmakers say the new attempt reflects stronger bipartisan support. Representative Ben Keathley introduced the legislation in January 2026. Advocates point out Bitcoin’s potential as an inflation hedge. They argue that a state-level reserve could protect public funds from currency devaluation.
Missouri would join a growing number of U.S. states exploring BTC reserves, including Wyoming. While last year’s effort stalled, the renewed push shows lawmakers are willing to reconsider cryptocurrency as a long-term financial tool.
Strategic Reserve Details
Under House Bill 2080, any Bitcoin acquired must remain in the fund for at least five years. This rule prevents short-term selling and encourages long-term planning. The treasurer would also have the option to accept donations in BTC, including gifts and grants. Officials say this could attract private support and expand the state’s cryptocurrency holdings.
Proponents argue that a state Bitcoin reserve could provide multiple benefits. It may act as a hedge against inflation, diversify state assets, and even attract tech-savvy investors to Missouri. Critics, however, warn that cryptocurrency’s price can be volatile. They caution that public funds could face significant risk if prices drop sharply.
Symbolism and Missouri’s Public Reaction
While some praised the state for innovation, others questioned the prudence of investing taxpayer money in cryptocurrency.
For now, Missouri is taking careful steps. Advancing the bill to the Commerce Committee signals serious intent. Lawmakers will debate whether Bitcoin deserves a permanent place in the state treasury. The outcome could influence other states considering similar strategies and further shape the conversation around institutional adoption of cryptocurrency in the U.S.
The post Missouri Revives Bitcoin Reserve After Last Year’s Failure appeared first on Coinfomania.
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