Ohio might be stacking sats soon! State Senator Sandra O’Brien just dropped a bill that could make Ohio the first U.S. state with its own Bitcoin reserve fund. If passed, Senate Bill 57 will let the state treasurer invest public funds exclusively in Bitcoin and hold onto them for at least five years.
O’Brien is all in on crypto, saying Ohio needs to be ahead of the curve—especially with Trump’s crypto team exploring a “national digital asset stockpile.” If Bitcoin is the future, Ohio wants a front-row seat.
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The bill also forces state agencies to accept crypto for taxes, fines, and fees, instantly converting payments into Bitcoin for the reserve. And it’s not just government funds—residents and universities can also donate BTC to the stash, earning some recognition for their contributions.
Ohio isn’t alone in the crypto game. In December, Rep. Derek Merrin introduced another bill (HB 703) pushing for even more Bitcoin investment flexibility. Meanwhile, Utah and Arizona are also working on crypto-friendly legislation.
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Bottom line? Ohio is making some big moves toward becoming a Bitcoin powerhouse, and if this bill passes, it could set the stage for other states to follow suit.
