$BTC While markets debate price direction, South Dakota just made a quiet but meaningful move toward ₿
$BTC . A new bill would allow the state to invest public funds into Bitcoin - not as a trade, but as part of its long-term reserves.
Here’s what actually changed:
State Rep. Logan Manhart introduced a proposal allowing the South Dakota State Investment Council to add Bitcoin alongside bonds, government securities, and ETFs. The bill caps BTC exposure at 10%, framing it as a portfolio allocation, not a gamble.
Why this matters beyond one state 👇
🏛️ Bitcoin as reserve, not a bet
This isn’t about timing tops or bottoms. It’s about treating ₿
$BTC as “strong money” inside a conservative investment framework.
📊 Limits and structure first
A clear allocation cap signals risk control - the same way states manage exposure to any non-cash asset.
🇺🇸 Part of a bigger shift
The timing matters. As talk of a U.S. Strategic Bitcoin Reserve continues, states exploring BTC look less experimental and more coordinated.
No hype, no rush. Just another sign that Bitcoin is slowly moving from markets into balance sheets - one institution at a time.
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