Two US states, Alabama and Minnesota, have joined a growing list of states exploring the potential of investing in Bitcoin through state reserves. This move comes as lawmakers nationwide are increasingly interested in incorporating Bitcoin into their investment strategies. 26 U.S. states have introduced similar legislation, driven by the desire to establish Bitcoin reserve funds. In Minnesota, Republican Representative Bernie Perryman and Senator Jeremy Miller introduced the Minnesota Bitcoin Act (HF 2946) to allow the state’s investment board to invest in Bitcoin and other cryptocurrencies, among other provisions like permitting retirement account investments in crypto. Similarly, Alabama lawmakers have introduced bills that would restrict state funds to assets with a market value of at least $750 billion, a figure only currently met by Bitcoin. These initiatives highlight the increasing interest from both Republicans and Democrats alike. This push for state-level Bitcoin reserves follows President Trump’s March 6 executive order establishing a US Strategic Bitcoin Reserve, which recognized Bitcoin’s fixed supply as a potential strategic advantage for early adopters. Notably, despite challenges in some states facing political hurdles and setbacks, the movement continues to gain momentum.