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US States Bitcoin Reserves and Laws

United States Bitcoin Reserves and Cryptocurrency Legislation

Total US State Bitcoin Reserve

~3,800 BTC (est.)
Across 4 Tracked States

Regulatory Landscape

12 Friendly States
35 Neutral, 3 Restrictive

Total Legislation

~130 Bills
46 Strategic Bitcoin Reserve Bills

Bitcoin Reserves by State

Regulatory Environment Across States

State-by-State Breakdown

State BTC Reserves % of US Holdings Legal Status Last Updated Key Laws and Regulations
Alabama (AL) No official reserve 0% Neutral 2024-12-31
  • Proposed: Blockchain Study Commission
Alaska (AK) No official reserve 0% Neutral 2024-07-31
  • Proposed: Crypto custody bills
Arizona (AZ) ~500 BTC (est.) 13.16% Neutral 2025-05-08
  • HB 2749: Crypto reserve for unclaimed assets
  • AZ Rev Stat § 11-269.22: Protects blockchain node operation
Arkansas (AR) No official reserve 0% Friendly 2024-07-31
  • Act 797: Supports crypto mining
California (CA) No official reserve 0% Neutral 2024-04-10
  • AB 2269: Requires licensing for digital asset exchanges
  • SB 1233: Blockchain study group
Colorado (CO) No official reserve 0% Neutral 2024-07-31
  • Proposed: Crypto payments for state services
Connecticut (CT) No official reserve 0% Neutral 2024-07-31
  • Money transmitter laws apply
Delaware (DE) No official reserve 0% Friendly 2024-07-31
  • Blockchain-friendly regulations
Florida (FL) No official reserve 0% Neutral 2025-05-06
  • HB 273: Exempts virtual currency from money transmission laws
  • SB 486: Financial Technology Sandbox
  • HB 1351: Permits crypto payments for state fees (withdrawn)
Georgia (GA) No official reserve 0% Neutral 2024-07-31
  • Proposed: Crypto tax exemptions
Hawaii (HI) No official reserve 0% Restrictive 2024-07-31
  • Strict crypto regulations
New Hampshire (NH) ~1,000 BTC (est.) 26.32% Friendly 2025-05-06
  • HB 302: Allows treasury to invest in Bitcoin
New York (NY) No official reserve 0% Restrictive 2024-05-01
  • BitLicense: Requires licenses for crypto activities
  • AB 3067: Digital currency task force
  • SB 8858: Restricts mining
Texas (TX) ~1,500 BTC (est.) 39.47% Friendly 2024-12-12
  • SB 778: Bitcoin reserve for taxes/donations
  • HB 4474: Defines virtual currencies
  • SB 2118: Allows bank custody of digital assets
Utah (UT) ~800 BTC (est.) 21.05% Neutral 2025-05-07
  • Proposed: Allows 10% state funds in Bitcoin
Washington (WA) No official reserve 0% Restrictive 2024-07-31
  • Strict crypto regulations
Wyoming (WY) No official reserve 0% Friendly 2025-05-02
  • SF 125: Defines utility tokens
  • HB 57: Special purpose depository institutions
  • HB 101: Digital asset property rights
Idaho (ID) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
Illinois (IL) No official reserve 0% Neutral 2024-07-31
  • Proposed: Bitcoin Strategic Bill
Indiana (IN) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
Iowa (IA) No official reserve 0% Neutral 2025-02-06
  • HF 246: Allows 5% public funds in digital assets
Kansas (KS) No official reserve 0% Neutral 2024-07-31
  • Proposed: Bitcoin ETF investments
Kentucky (KY) No official reserve 0% Friendly 2024-07-31
  • HB 701: Protects Bitcoin custody and node operation
Louisiana (LA) No official reserve 0% Friendly 2024-07-31
  • Proposed: Bitcoin reserve bill
Maine (ME) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
Maryland (MD) No official reserve 0% Neutral 2025-02-07
  • HB 1389: Strategic Bitcoin Reserve Act
Massachusetts (MA) No official reserve 0% Neutral 2024-07-31
  • Proposed: Rainy Day fund for Bitcoin
Michigan (MI) No official reserve 0% Neutral 2024-09-30
  • Crypto ETF investments in pension funds
Minnesota (MN) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
Mississippi (MS) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
Missouri (MO) No official reserve 0% Friendly 2024-07-31
  • Proposed: Bitcoin reserve bill
Montana (MT) No official reserve 0% Friendly 2025-05-02
  • Reserve bill vetoed; mining-friendly
Nebraska (NE) No official reserve 0% Friendly 2024-07-31
  • Blockchain-friendly regulations
Nevada (NV) No official reserve 0% Friendly 2024-07-31
  • No taxes on Bitcoin transactions
New Jersey (NJ) No official reserve 0% Neutral 2024-07-31
  • Proposed: Crypto regulations
New Mexico (NM) No official reserve 0% Neutral 2025-02-04
  • SB 275: Strategic Bitcoin Reserve Act
North Carolina (NC) No official reserve 0% Neutral 2025-02-12
  • Proposed: Bitcoin ETF investments
North Dakota (ND) No official reserve 0% Neutral 2025-02-04
  • Reserve bill failed; mining supported
Ohio (OH) No official reserve 0% Neutral 2024-12-31
  • Proposed: 10% state funds in Bitcoin
Oklahoma (OK) No official reserve 0% Neutral 2025-04-16
  • HB 1203: Strategic Bitcoin Reserve Bill (failed)
Oregon (OR) No official reserve 0% Neutral 2025-05-08
  • Proposed: Strategic Bitcoin Reserve Bill
Pennsylvania (PA) No official reserve 0% Neutral 2024-11-30
  • Proposed: 10% treasury funds in Bitcoin (failed)
Rhode Island (RI) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
South Carolina (SC) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
South Dakota (SD) No official reserve 0% Neutral 2025-05-02
  • HB 1202: Allows public funds in Bitcoin (failed)
Tennessee (TN) No official reserve 0% Friendly 2024-07-31
  • Blockchain-friendly regulations
Vermont (VT) No official reserve 0% Neutral 2024-07-31
  • Blockchain study group
Virginia (VA) No official reserve 0% Neutral 2024-07-31
  • Proposed: Crypto custody laws
West Virginia (WV) No official reserve 0% Neutral 2024-07-31
  • No specific crypto laws
Wisconsin (WI) No official reserve 0% Neutral 2024-09-30
  • Crypto ETF investments in pension funds
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Last Updated: 14 May 2025 | 5:17 pm EST