The bill on the strategic Bitcoin reserve has been submitted for review by the committee in Missouri

GweiWatcher · 2026-02-28T01:18:00+00:00

Missouri lawmakers have initiated a process to create a state bitcoin reserve through bill HB 2080. This initiative aims to strengthen the state's finances by allowing government entities to accumulate bitcoin donations, with a minimum five-year holding period to ensure long-term investment. The bill is currently under review by the House Trade Committee.

GweiWatcher

2026-02-28 01:18:00

Abstract generation in progress

Missouri lawmakers have initiated legislation aimed at establishing a state Bitcoin reserve. According to sources from the crypto industry, Bill HB 2080 proposes creating a mechanism that allows state authorities to accumulate cryptocurrency revenues and charitable donations in digital assets.

Goals and Structure of the Reserve Fund

The initiative aims to strengthen the state’s financial position through a strategic Bitcoin fund. The mechanism envisions that Missouri government agencies can accept and store Bitcoin donations, creating a long-term reserve asset. This approach reflects the growing interest of American states in integrating digital assets into their financial infrastructure.

Preservation Requirements and Holding Duration

A key condition of the law requires a minimum holding period of five years for accumulated Bitcoin. This requirement ensures a long-term strategy and prevents short-term operations with reserve funds. The time limit indicates a conservative approach to managing government cryptocurrency assets.

Review Procedure in the Trade Committee

Currently, the document has been submitted to the Missouri House of Representatives Trade Committee for review. The committee will analyze the bill and decide whether to advance it to the full chamber. The committee’s vote will determine if the legislative process continues or if the initiative is rejected. If approved, it will proceed to a full parliamentary vote.

Missouri’s legislative initiative is part of a broader trend where American states explore integrating Bitcoin into their reserve systems, following examples set by Texas and other jurisdictions.

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