"14th US State Prepares to Adopt Bitcoin as 'Strategic Asset'"

Dennis Porter, CEO of the American non-profit organization Satoshi Action Fund, announced on X on the 7th that "the 14th US state is preparing to introduce a 'strategic Bitcoin (BTC) reserve' bill." 

If the bill passes, the state government can directly stockpile Bitcoin as a strategic asset. Porter stated, "Up to 20 Bitcoin reserve-related bills will be introduced at the state government level."

Donald Trump, the US President-elect, also pledged during his election campaign to stockpile Bitcoin as a strategic asset. However, Jerome Powell, the Chairman of the Federal Reserve, drew a line by stating, "The Fed does not have the authority to hold Bitcoin."