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Two More Doors Opened for the Possibility of a $23 Billion Bitcoin Investment in the US! - Coin Bulletin
The states of West Virginia and Georgia have introduced new bill proposals to include Bitcoin (BTC) and other digital assets in their investment strategies.
West Virginia State Senator Chris Rose introduced the bill named The Inflation Protection Act of 2025 on February 14th. The bill allows the state treasury to invest a certain portion in digital assets or precious metals. Under this regulation, digital assets with a market value of over $750 billion will be eligible for investment. Currently, only Bitcoin meets this criteria.
West Virginia's bill aims to use digital assets as a hedge against inflation. The state will be able to invest 10% of its total funds in Bitcoin and precious metals. Moreover, the flexibility to store these assets on-chain or through ETFs will be provided.
Outside of West Virginia, states like Utah, Kentucky, Michigan, and Georgia have brought up bills considering Bitcoin investments. The Utah House of Representatives approved a bill allowing investments in Bitcoin and other high-value digital assets on February 6th, and now the bill is awaiting approval in the Senate. On the same day, Kentucky also introduced a similar bill proposing a 10% digital asset investment.
On January 23, US President Donald Trump had formed a task force to explore the feasibility of digital asset reserves for the federal government. However, the rapid advancement of state bills has led to speculation that they could leave the federal government behind.
The increasing focus on Bitcoin investments is seen as a significant step towards incorporating crypto assets into official strategies across the US. According to analysis, states starting to build digital asset reserves could generate a new demand of 23 billion dollars for Bitcoin in total.