North Carolina Moves to Add Bitcoin to Public Fund Strategy

North Carolina is making waves in the digital finance world with two new legislative efforts aimed at pulling Bitcoin into the state's investment strategy.

One proposal, led by House Republicans, would permit the State Treasurer to allocate a portion of public funds into digital assets—potentially extending to state retirement systems.

Another, more aggressive bill from the Senate suggests using Bitcoin as a strategic reserve, opening the door to staking and yield-generating activities.

Though the House version recently passed with a trimmed investment cap of 5%, the Senate’s measure still pushes for a 10% threshold. Both proposals reflect a growing political appetite to treat Bitcoin as a legitimate financial tool rather than a speculative gamble.

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Supporters argue that crypto offers speed, transparency, and long-term value, positioning it as a modern alternative to legacy systems. There’s also talk of building a state-managed reserve for confiscated crypto, signaling preparation for broader blockchain integration.

As the Trump administration promotes crypto innovation on the national stage, states like North Carolina, Arizona, and New Hampshire are racing to define their role in the new digital economy. But not all states are on board—several efforts elsewhere have already stalled.

Alexander Stefanov