$BTC Missouri lawmakers are moving forward with a major legislative effort to create a state-level Bitcoin reserve fund after reintroducing House Bill 2080 in the current legislative session.
The bill, sponsored by Republican Representative Ben Keathley, would establish a “Bitcoin Strategic Reserve Fund” managed by the Missouri State Treasurer and place it within the state’s treasury.
🧾 What HB 2080 Would Do
Under the proposal:
The state treasurer could receive, invest, hold, and manage Bitcoin on behalf of Missouri under defined legal guidelines.
Bitcoin could be acquired through donations, gifts, grants, bequests, or devises from eligible Missouri residents or government entities.
Any Bitcoin placed into the reserve must be held in secure “cold storage” for a minimum of five years before it can be sold, transferred, or converted.
The bill would require biennial public reporting on the reserve’s holdings, activities, and security oversight.
It also includes provisions to allow state government agencies to accept approved cryptocurrencies (including Bitcoin) for taxes, fees, fines, and other state obligations.
🏛️ Legislative Progress So Far
HB 2080 was referred to the Missouri House Commerce Committee on February 19, 2026, marking a key procedural step in its legislative journey. The committee is expected to hold a public hearing and consider possible amendments before deciding whether the bill should go to the full House for debate and a vote.
If successful in the House, the measure would then advance to the Missouri Senate and ultimately be sent to Governor Mike Kehoe for signature or veto.
🔁 A Second Attempt After 2025
This year’s effort represents a revival of a similar proposal that failed to progress in 2025. Last year’s iteration stalled in committee, but supporters are hopeful that updated language and renewed committee placement will improve its chances.
📌 What Supporters Are Saying
Proponents argue the bill could:
Help modernize Missouri’s approach to public finance
Provide a framework for the state to participate responsibly in the growing digital asset economy
Position Missouri among a group of states exploring official digital asset holdings
🔍 Broader Context
Several other U.S. states have recently pursued or passed legislation related to state-level Bitcoin reserves and cryptocurrency policy, and federal interest in digital assets continues to grow, indicating that issues around crypto integration into public finance remain a hot topic on multiple levels.
If you want, I can also summarize potential arguments for and against this proposal from economists, policymakers, and Bitcoin advocates — just let me know!
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