March 3, 2026

Tennessee bill allows state treasurer to invest public funds in Bitcoin

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Tennessee’s Strategic Bitcoin Reserve Act has been recommended for passage and referred to the Finance, Ways, and Means Committee, allowing the state treasurer to allocate up to 10% of public funds into Bitcoin. This initiative reflects Tennessee’s broader policy push to diversify state public funds through Bitcoin holdings, aligning with a growing trend among U.S. states to treat Bitcoin as a strategic reserve asset.

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