After the U.S. launched its national Bitcoin strategic reserve… have you wondered what individual states are doing?
Turns out, quite a lot.
Over the past year, more than 28 U.S. states have proposed legislation to create their own state-level Bitcoin reserves. Some are making fast progress, others have pulled back. But the overall momentum is clear: Bitcoin is entering public finance.
New Hampshire became the first state to officially pass a Bitcoin Reserve Fund. Their law allows up to 5% of state reserves to be held in Bitcoin and other digital assets (as long as they have a market cap over $500 billion).
Assets will be stored securely in state-controlled multi-signature wallets or regulated exchange-traded products.
It’s a diversified and cautious approach, but it sets a precedent.
Arizona followed with its own version. While a previous proposal allowing direct crypto investments was vetoed, the state passed HB 2749, which creates a reserve funded by unclaimed crypto, airdrops, and staking rewards.
This means no taxpayer funds are directly involved, but the state still builds crypto exposure.
North Carolina advanced a bill to allow up to 10% of reserves to be allocated to Bitcoin-linked ETFs.
Alabama introduced twin bills to enable investment in Bitcoin and similar assets with a $750B+ market cap.
Texas, a leader in Bitcoin mining, is currently reviewing seven different Bitcoin-related bills.
At the same time, some states have stepped back:
Florida, Wyoming, Pennsylvania, South Dakota, and others have failed to pass their reserve bills or postponed them indefinitely.
Still, the trend is unmistakable. The conversation has moved from “Why Bitcoin?” to “How do we manage it?”
Even Kentucky has passed a new Bitcoin Rights law, protecting individuals' right to hold BTC and operate nodes without extra licenses or taxation.
But what about Luxembourg? 🇱🇺
As the global conversation moves forward, Luxembourg is still silent.
We’re a global financial center. We host major players. We talk about innovation. But when it comes to Bitcoin as a sovereign reserve, we’re not even at the table.
That’s why OffChain Luxembourg launched the Orange Heart Initiative, a call to explore the idea of creating a Bitcoin strategic reserve here in Luxembourg.
Not as a gamble.
Not as a political tool.
But as a serious, long-term financial option, just like New Hampshire, Arizona, and Texas are doing.
We believe this deserves open, democratic debate and we’re ready to contribute facts, ideas, and community energy to make it happen.
Let’s not miss the train. Let’s at least talk about it. 🧡
