Oklahoma's attempt to establish a Bitcoin reserve through the Strategic Bitcoin Reserve Act has failed after a Senate committee vote. Despite last-minute support from Senator Christi Gillespie, who changed her vote after being contacted by constituents, the proposal was not enough to sway the majority. The bill, introduced in January by Representative Cody Maynard, aimed to allow Oklahoma to hold Bitcoin and other qualifying digital assets. The rejection leaves New Hampshire, Texas, and Arizona leading the effort to implement state-level Bitcoin reserves, following other recent failed proposals in states like Montana and Wyoming. The failed bill had succeeded in a previous committee but was ultimately defeated 7-6 in the latest vote. While Oklahoma steps back, New Hampshire's ongoing legislative movement seeks to permit state investment in Bitcoin and precious metals, and Arizona is also pursuing proposals for public funds to be invested in Bitcoin. Currently, 47 states have introduced Bitcoin reserve bills with 40 still active.

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