{"id":12515,"date":"2025-02-11T16:31:48","date_gmt":"2025-02-11T16:31:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12515"},"modified":"2025-02-11T16:31:48","modified_gmt":"2025-02-11T16:31:48","slug":"go-heels-will-north-carolina-be-the-next-state-to-open-a-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12515","title":{"rendered":"Go Heels: Will North Carolina Be The Next State To Open a Bitcoin Reserve?"},"content":{"rendered":"
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North Carolina is making waves with a new Bitcoin Reserve and proposal<\/a> to invest as much as 10% of its general and highway funds in Bitcoin.<\/p>\n

Spearheaded by House Speaker Destin Hall, the legislation signals a push to integrate digital assets into public finance<\/a>, putting the state in the company of 20 others exploring similar strategies.<\/p>\n

The Details of North Carolina Bitcoin Reserve<\/h2>\n

House Bill 92 draws a hard line for acceptable digital assets, limiting investments to cryptocurrencies with a market cap exceeding $750 billion over the past year. Currently, Bitcoin is the sole contender, enhancing its status as the crypto world\u2019s most reliable heavyweight.<\/p>\n

The bill also requires Bitcoin investments to flow through regulated exchange-traded products (ETPs), with North Carolina\u2019s State Treasurer at the helm.<\/p>\n

Funds from the General Fund, Highway Fund, and 24 other state-managed accounts would be in play under the watchful eyes of the Governor and Council of State.<\/p>\n

A Broader Trend Among U.S. States<\/h2>\n
\"U.S.
(Bitcoin Reserve<\/a>)<\/figcaption><\/figure>\n

North Carolina joins a rising wave of states embedding Bitcoin into their financial strategies.<\/p>\n