Montana's Strategic Bitcoin Reserve Legislation Advances to House Vote

According to Odaily, Montana's strategic Bitcoin reserve legislation has successfully passed committee review and is now set to proceed to a vote in the House. Previously reported on February 9, House Bill 429 in Montana will authorize the state treasurer to invest up to $50 million from the general fund into digital assets with a market capitalization exceeding $750 billion, specifically Bitcoin, by July 15, 2025. These investments must be held by qualified custodians or managed through trading platform funds.