Montana's new bill authorizes investment of up to $50 million in Bitcoin

According to BlockBeats, on February 9th, cryptocurrency KOL Julian Fahrer revealed that Montana's House Bill 429 will authorize the state's Treasury Secretary to invest up to $50 million from general funds in "digital assets with a market value exceeding $750 billion," namely Bitcoin, until July 15, 2025. These investments must be held by qualified custodians or traded through trading platforms for funds.