Missouri lawmakers advance new Bitcoin strategic reserve bill

CoinTelegraph

by Stephen Katte

February 23, 2026

AI-Generated Deep Dive Summary

Missouri lawmakers have advanced House Bill 2080, which seeks to establish a Bitcoin Strategic Reserve, marking a significant step forward in the state’s exploration of cryptocurrency investments. The bill was referred to the House Commerce Committee on Feb. 19 for further review, where it will undergo public hearings, committee votes, and potential revisions before moving closer to final passage. The legislation, reintroduced by Missouri Representative Ben Keathley earlier this year, would allow the state treasurer to invest, purchase, and hold cryptocurrency using state funds. This mirrors a similar bill from February last year that ultimately failed to advance beyond the committee stage. If passed, House Bill 2080 could set a precedent for other states considering crypto-friendly financial strategies. The revived bill highlights Missouri’s growing interest in blockchain technology and digital assets. While cryptocurrencies remain a niche investment opportunity, their potential for diversification in state treasuries has gained traction among lawmakers. For crypto enthusiasts, the passage of this bill would signal increased mainstream adoption and acceptance, potentially attracting further investments and innovation in the sector. This development is particularly significant for those following the intersection of cryptocurrency and public policy. By allowing state funds to be allocated to digital assets, Missouri could pave the way for broader financial opportunities and risk management strategies. The bill’s progress underscores the evolving relationship between traditional finance systems and emerging technologies like Bitcoin, offering a glimpse into how governments might adapt to the growing crypto economy. In an era where blockchain technology continues to disrupt traditional financial systems, House Bill 2080 represents a forward-looking approach by state lawmakers. Its potential passage could position Missouri as a leader in integrating cryptocurrency into public finance, providing valuable insights for other states and institutions considering similar moves. For now, the bill’s journey through the legislative process will be closely watched by crypto advocates and financial experts alike.

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Originally published on CoinTelegraph on 2/23/2026