Why Are US States and Institutions Quietly Buying Bitcoin?

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The world of finance is shifting, and the signs are everywhere — if you know where to look. While the average person debates whether Bitcoin’s price dips are a buying opportunity or a red flag, US states and powerful institutions are making moves that tell a different story.

Texas, for instance, recently passed a bill allowing $250 million from its rainy day fund to be allocated to Bitcoin. And they’re not alone. Over 28 states have introduced Bitcoin reserve bills, with some already signed into law.

What do these states and institutions know that the rest of us might be missing? And what happens when they own most of the world’s Bitcoin? Let’s break it down.

Here’s a quick look at the states that have already passed Bitcoin reserve bills:

1. Texas: Bill Passed
2. Pennsylvania: Bill Passed
3. Florida: Bill Passed
4. Ohio: Bill Passed
5. Wyoming: Bill Passed