North Carolina plans to a radical transformation of its budgetary strategy with the introduction of the SB327 bill, which would allow the State to allocate up to 10 % of its Bitcoin public funds. Presented in the Senate on March 19, 2025, this text proposes the creation of a strategic reserve in cryptocurrencies.
The ambition of North Carolina with Bitcoin
The SB327 bill, officially baptized “North Carolina Bitcoin Reserve and Investment Act”, was deposited this Wednesday by republican senators Brad Overcash, Timothy Moffitt and Todd Johnson. This text aims to create a Bitcoin strategic reserve For North Carolina, intended to integrate this asset into the long -term financial strategy of the State.
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The project provides for rigorous management of this future reserve. Bitcoin acquired would be kept in Cold Wallets protected by multi-signature authentication. A department entirely dedicated to the management of this reserve would be created within the State Treasurer Bureau, with monthly audit mechanisms and the establishment of an economic advisory council dedicated to Bitcoin.
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A potential investment of $ 950 million
With a general fund estimated at $ 9.5 billion, North Carolina could thus allocate up to $ 950 million in Bitcoin. Such a sum would make the state a leading institutional player on the cryptocurrency market. Supporters of the law believe that such an investment would offer diversification for public finances, often too dependent on bond markets and volatile tax revenues.
North Carolina would not be isolated in this approach, like Texas. On a federal scale, The Trump administration recently signed a decree aimed at constituting a Bitcoin strategic reserve by keeping the BTC seized.
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Similar bills are currently under discussion at the US Congressin particular the famous “Bitcoin Act” by Republican Senator Cynthia Lummis, which offers to buy up to 1 million Bitcoin units over 5 years. Several other states are also considering close initiatives, whether through direct investments or via financial products backed by Bitcoin.
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Source: UNC
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Maxime discovered the world of finance and very young investment before launching from the age of 18 years. His passion for financial assets and new opportunities offers him a good vision of the current economy as well as emerging trends.
Maxime Montlet
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