"States Other Than Texas to Announce Bitcoin Strategic Reserve Legislation"

Source
Son Min

Summary

  • Dennis Porter, CEO of the Satoshi Action Fund, announced that a Bitcoin Strategic Reserve Legislation will be announced soon.
  • He mentioned that three states, excluding Pennsylvania and Texas, are preparing Bitcoin reserve legislation.
  • This announcement could be interpreted as a signal of increasing state-level demand for Bitcoin among investors.

Another Bitcoin strategic reserve legislation is expected to be announced.

On the 12th (local time), Dennis Porter, CEO of the Satoshi Action Fund, stated on X, "We are planning to announce another 'Bitcoin Strategic Reserve Legislation' next week," adding, "The dominoes are falling."

Previously, he revealed that, in addition to Pennsylvania and Texas, three other states are preparing to propose legislation to reserve Bitcoin as a strategic asset.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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