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Investing in Bitcoin Helps States Protect Themselves From Washington's Excess

  • In May 2025, New Hampshire pioneered legislation permitting the state treasurer to allocate up to 5% of certain state funds into Bitcoin or precious metals.
  • This legislation addresses concerns about rising national debt over $36.2 trillion and increasing federal interest payments projected to reach $952 billion in 2025.
  • The law sets strict conditions requiring digital assets to have a market cap above $500 billion, held under secure U.S. Custody, with only Bitcoin qualifying currently.
  • Lead sponsor Ammon emphasized bipartisan support and stated the law responds to inflation's impact felt in groceries, housing, and the economy, inviting states to secure financial futures.
  • This move implies states seek to hedge against federal fiscal mismanagement, though some caution about the risks of public funds invested in volatile assets like Bitcoin.
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Waterloo Cedar Falls CourierWaterloo Cedar Falls Courier
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Investing in Bitcoin helps states protect themselves from Washington's excess

New Hampshire became the first state this month to authorize a strategic Bitcoin reserve. As the lead sponsor of this groundbreaking legislation, I’m proud that our state continues its tradition of being “first in the nation” — not just in…

·Waterloo, United States
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Just the News broke the news in Washington, United States on Thursday, May 15, 2025.
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