Pennsylvania Bitcoin Reserves and Cryptocurrency Policies

Pennsylvania advances a Strategic Bitcoin Reserve via HB 2664 and protects crypto rights with HB 2481, fostering innovation as of May 2025.

~500–2,000 BTC
Valued at ~$50M–$200M (May 2025)

Friendly
HB 2481 protects self-custody

HB 2664 for BTC reserve
Blockchain exploration

Pennsylvania Cryptocurrency Profile

State	BTC Reserves	% of Global Holdings	Legal Status	Last Updated	Key Policies
Pennsylvania, USA	~500–2,000 BTC Estimated	~0.005%	Friendly	2025-05-21	HB 2664 authorizes up to 10% of state funds for Bitcoin investments, passed House Financial Services Committee March 12, 2025, pending full House approval HB 2481 (Bitcoin Rights Bill, passed October 2024) protects self-custody, node operation, and Bitcoin payments 3.07% state income tax; federal capital gains tax (15–20%) applies to crypto profits Crypto not legal tender; regulated under federal securities and state money transmission laws ~1.2M residents (~9% of population) use crypto; $14B in transactions (2023–2024) No bans on CBDCs Blockchain technology explored for public resource management via HB 2664