🎯 WEST VIRGINIA PROPOSES ALLOCATING 10% OF STATE FUNDS TO BITCOIN 🎯
West Virginia takes a bold step toward institutional adoption of Bitcoin with bill SB143, which proposes allocating 10% of state funds to Bitcoin as protection against inflation. This move positions the state as a pioneer among U.S. public institutions in recognizing BTC as a strategic reserve.
The bill authorizes the state treasury to invest in Bitcoin and gold, establishing rigorous criteria: BTC's market cap must exceed $750 billion, ensuring market maturity and liquidity.
This requirement excludes other cryptocurrencies, elevating Bitcoin to the exclusive role of digital reserve, alongside physical gold as a traditional hedge against fiat devaluation.
Additionally, the proposal includes the possibility of staking to generate passive returns, maximizing returns on public funds without excessive risk.
The goal is to diversify state reserves, protecting taxpayers from chronic inflation and expansive federal monetary policies.
This initiative reflects a global trend in sovereign adoption, with West Virginia poised to shape a future where Bitcoin integrates into public financial strategies.
A strong signal for institutions and investors.....