With the intensification of discussions on national digital asset reserves, representatives from Texas, Pennsylvania, and Ohio have proposed using public funds to invest in cryptocurrencies or establish state-level Bitcoin reserves. Asset management company VanEck recently analyzed 20 state-level Bitcoin reserve bills and predicts that if these bills are passed, they will drive $23 billion in purchases, approximately 242700 bitcoins. This amount does not include pension fund allocations and is expected to further increase as legislation progresses. VanEck's head of digital assets, Matthew Sigel, stated that the number may be conservative due to unclear details in many states. In addition, VanEck also pointed out that between the fourth quarter of 2022 and the fourth quarter of 2024, global government reserves increased by approximately 377000 BTC, mainly from criminal seizures. (TheBlock) https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=37805