Although there haven't been any updates recently, I have been keeping an eye on it. So far, a total of 25 states are still in the process of implementing the #Bitcoin strategic reserve, with the fastest being Utah, which is expected to complete the entire process by March. Additionally, three other states have also completed the review in the first chamber. This data shows an increase of three states compared to last week, when there were 22 states applying.
Of course, the number of states that have been rejected has also risen from two last week to five, which is unavoidable. However, the data still indicates that more and more state governments in the U.S. are willing or interested in adopting BTC as a state strategic reserve. Moreover, even if a state is rejected, it doesn't mean there won't be opportunities in the future.
Once one succeeds, it will spread like wildfire.
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