North Carolina Strategic Bitcoin Reserve Bill Passes First Hearing

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North Carolina’s strategic Bitcoin initiative advanced as the state’s Bitcoin reserve bill (S327) passed its first hearing on March 19, just one day after being introduced. The proposal, which had been in committee for approximately 12 months, aims to establish a state-level Bitcoin reserve. If three similar Bitcoin-related bills pass in the U.S., state Bitcoin holdings could reach $2 billion by 2027. While Federal Reserve news has shown growing interest in digital assets, this bill focuses on direct state-level adoption.

According to Bitcoin Magazine (@BitcoinMagazine), North Carolina has formally introduced the Strategic Bitcoin Reserve Act (S327), which passed its first reading the day after submission on March 19. The bill was submitted on March 18, 2025, following approximately 12 months of committee review. Currently, three similar state-level bills are under consideration in the United States; if all pass, state-level Bitcoin holdings are projected to reach $2 billion by 2027.

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