Missouri Joins U.S. States Building Bitcoin Reserves
Missouri lawmakers have introduced a bill that would let the state accumulate Bitcoin through resident donations and allocations of public funds, positioning Missouri as the newest entrant in a growing wave of state-level crypto initiatives. Supporters argue the measure could provide a hedge for state finances and broaden fiscal tools, while opponents flag custody, volatility and governance risks.
The proposal must still move through committees and full legislative votes, so immediate market impact is uncertain, but the move is significant symbolically: it could shape rules for public crypto donations, custody arrangements and transparency. If other states follow, aggregated demand could influence BTC markets and accelerate policy debates about how public entities should treat digital assets.