Nearly a third of US states are exploring the creation of strategic Bitcoin reserves, as support for Bitcoin grows alongside Donald Trump's vision for a national digital asset stockpile. States like Arizona have seen legislative discussions to allocate public funds for Bitcoin investments. Key lawmakers propose substantial investments, indicating a shift in how governments view crypto. Advocates argue that a strategic Bitcoin reserve could hedge against inflation due to Bitcoin’s fixed supply. While some anticipated immediate federal action under Trump, states are moving forward. Initial efforts might focus on managing existing judicially-seized Bitcoin assets. Analysts believe the proposed Bitcoin Act could enhance Bitcoin's credibility and foster institutional interest, potentially making a more significant impact than the introduction of cryptocurrency ETFs. Trump's administration shows a pro-Bitcoin stance, with political and regulatory questions looming over the execution of such initiatives.

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