News View Non-AMP

Missouri Proposes Bitcoin Reserve Bill – Is $250K BTC Coming Soon?

Published by
Mustafa Mulla

Another Day and Another U.S. state propose a Bitcoin reserve fund for state investments. The latest push comes from Missouri, where a new bill proposes a Bitcoin reserve fund for state investments. This move aligns with former President Donald Trump’s campaign promise, which seems to be gaining traction. 

With 17 U.S. states now considering Bitcoin as part of their reserves, many experts believe this could be a major step toward BTC reaching $250K.

Missouri Pushes for a Bitcoin Reserve Fund

Missouri state Representative Ben Keathley has introduced House Bill 1217, which aims to make Bitcoin a part of the state’s financial strategy. The bill, filed on February 6, proposes that Missouri’s treasurer should have the power to receive, invest, and hold Bitcoin under specific conditions.

If approved, Missouri would also begin accepting Bitcoin for tax payments, fees, fines, and other government-related transactions. However, those making payments in Bitcoin would need to cover transaction fees. 

This bill could set an example for more states to include digital assets in their financial policies.

Kentucky Join The List

Missouri is not alone in this initiative. Recently Kentucky State Representative TJ Roberts introduced Bill HB376, which proposes that 10% of the state’s funds be invested in Bitcoin and other digital assets with a market cap exceeding $750 billion.

As of now, Bitcoin remains the top digital asset, making it the primary target for such investments. 

Bitcoin Eye For $250K

Bitcoin is gaining more attention in the U.S. political space, with more states looking to add it to their financial reserves. However, Bitcoin is currently consolidating under $100K, but many experts believe these political moves could drive it to new highs.

Eventually, Fundstrat’s head of research, Tom Lee, predicts Bitcoin could hit $250K by the end of the year. Similarly, former BitMEX CEO

has also shared a bullish outlook, expecting BTC to reach $250K.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Ripple News: Top Analyst Says ‘Buy XRP Now’

XRP has entered bearish territory, with its price falling below the $3.10 mark at the…

July 25, 2025

Playing for the Planet: My Lovely Planet Gets Historic Recognition as the First Web3 Game on Google’s #WeArePlay

The digital world, often perceived as separate from the tangible, is increasingly demonstrating its capacity…

July 24, 2025

Top Bitcoin Casinos for Truly Anonymous Play in 2025

As the world of online gambling continues to evolve, so does the demand for privacy.…

July 24, 2025

Top Altcoins To Buy Today As Crypto Market Cools Before Next Bull Run

Top altcoins like ARB, ONDO, XLM, HBAR, and INJ are setting up for the next…

July 24, 2025

Altcoins To Buy Now During The Crypto Market Crash

The crypto market is currently going through a short-term correction, especially in the altcoin space.…

July 24, 2025

Bitcoin Price in Danger Zone! What Happens If Whales Sell?

The Bitcoin price USD has nearly doubled since U.S. President Donald Trump returned to office,…

July 24, 2025