Phyrex
Phyrex|May 06, 2025 17:44
Just now, New Hampshire in the United States made history with Governor Ayotte signing the HB302 bill this morning, the first state bill in the country to include cryptocurrency as a strategic reserve. This also represents that the Finance Minister of Hampshire will invest up to 5% of state government funds in precious metals and cryptocurrencies with a market value of at least $500 billion. Based on a total budget of 15.4 billion US dollars in the state of Hampshire, 5% is approximately 770 million US dollars, and based on a general fund of 5.6 billion US dollars, 5% is approximately 280 million US dollars. Therefore, the potential investment amount is between 280 million and 770 million US dollars. Although it is not explicitly stated that it is an investment in BTC, the only cryptocurrency with a market value exceeding $500 billion is currently Bitcoin, and even the second ranked ETH is only 214 billion, while BTC is 1.88 trillion. This is a historic moment and inevitably an epic blessing. The approval of New Hampshire represents that the United States has truly entered the compliant investment field of cryptocurrency, and also indicates that more states will consider BTC or other cryptocurrencies as strategic investments. Perhaps the current price cannot reflect this positive trend, but in the long run, this epic positive will inevitably change the weight of BTC in the minds of investors. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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