South Dakota Lawmaker Makes Another Run at Bitcoin Reserve Bill

Bitcoin Breaks Into State Policy As South Dakota Weighs 10% Allocation

South Dakota has a new bill on the table that would let the state put up to 10% of certain public funds into Bitcoin. Reports say Rep. Logan Manhart filed House Bill 1155 this week, restarting an effort that stalled last year. The measure would change state investment rules to give the State Investment Council explicit authority to hold Bitcoin in its portfolio. Lawmaker Files Bill For Bitcoin Reserve According to filings and public posts, Manha…

South Dakota pushes law to create a Bitcoin reserve of up to 10% - The Cryptocurrency Post

In a strategic move to strengthen public finances, Representative Logan Manhart introduced a bill this week to establish a state Bitcoin reserve in South Dakota. The proposal, named HB 1155, emerges as a second legislative attempt following the rejection of a similar measure last year, now seeking a much more aggressive capital allocation for the state’s investment funds. This project would allow the South Dakota Investment Council to allocate u…

South Dakota Lawmaker Takes Second Stab at Launching State Bitcoin Reserve

The bill by State Representative Logan Manhart seeks to allocate as much as 10% of the state’s investment funds to the cryptocurrency.

South Dakota Introduces Bill That Would Allow the State to Invest Public Funds in Bitcoin

South Dakota introduces a bill that allows the state to invest public funds in Bitcoin under defined limits rules. Lawmakers revive the Bitcoin debate after a similar proposal stalled during the 2025 legislative session review. The bill sets custody and oversight rules for Bitcoin exposure through direct holdings or regulated products approval. The state of South Dakota in the US has proposed a bill which would enable the state to use public fun…

South Dakota Revives Bitcoin Reserve Bill With Up to 10% Allocation Plan Bitcoin News ETHNews

South Dakota lawmakers are once again weighing whether Bitcoin should play a role in the state’s long-term financial strategy. Republican Representative Logan Manhart has introduced House Bill 1155, reopening a legislative effort to allow public funds to be invested in Bitcoin. The proposal closely follows a similar initiative that was deferred during the 2025 legislative session, but arrives in a changed political and market environment, where …