2026-01-15 20:23:21

West Virginia's legislature is pushing forward with a landmark proposal that could reshape how U.S. states approach digital assets. Under bill SB143, the state Treasury would gain authority to invest up to 10% of public funds directly into Bitcoin and gold—positioning these as dual inflation hedges.

The proposal comes with a significant market stability requirement: Bitcoin must maintain a minimum market capitalization of $750 billion before Treasury deployment can occur. This effectively establishes Bitcoin as the primary digital reserve asset among cryptocurrencies. Beyond straight purchases, the framework also permits Treasury-held Bitcoin to participate in staking mechanisms, potentially generating additional yield from the state's holdings.

The move signals growing acceptance of digital assets at the governmental level, with institutional-grade custody and diversification strategies entering mainstream policy discussions.

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AmateurDAOWatcher

· 2h ago

West Virginia's move is really impressive, directly including BTC into the state treasury bill, and it takes a market cap of $75 billion to move... Feels like they're paving the way for institutional investors.

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SchrodingerAirdrop

· 2h ago

Whoa, West Virginia is going to buy BTC? Is that for real?

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FarmHopper

· 2h ago

West Virginia's move is truly impressive, directly incorporating Bitcoin into the state treasury bill. That's what I call taking cryptocurrency seriously.

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TestnetFreeloader

· 2h ago

NGL West Virginia's move this time is quite something, needing a market cap of 75 billion to move. Basically, just waiting for BTC to fly another wave. If SB143 really passes, how many states will follow suit? The contagion is just too strong... Are investors getting impatient now? Betting with public funds on cryptocurrencies, relying on staking arbitrage... Wait, is the 75 billion threshold to avoid risk or because the coin price is too low? It doesn't quite add up. Institution-level custody has entered the policy, impressive. This time, it's truly different.

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