US State North Dakota Considers Bitcoin in State Investment Plans

• North Dakota legislators introduced Resolution 3001 to explore cryptocurrency and precious metals investments.
• The resolution aims to curb inflation and adapt to changing economic conditions.
• Similar measures are being considered in other states, including New Hampshire, Texas, and Florida.

North Dakota legislators have introduced Resolution 3001 to diversify state funds into Bitcoin and precious metals as a way to combat inflation and adapt to changing economic conditions. Notably, a vote on the resolution is coming next Tuesday.

North Dakota Explores New Investment Strategies with Bitcoin

Resolution 3001, introduced by Representatives Nathan Toman, Matthew Heilman, and others, encourages the State Treasurer and Investment Board to consider investing in alternative assets. 

The resolution doesn’t specifically mention Bitcoin or other digital assets. However, it does highlight the potential of cryptocurrencies to protect state finances.

“The resolution is simply encouraging the State Treasurer and the State Investment Board to look at investing in different types of assets rather than what they currently do,” said John Bjornson, Director of the N…

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