Missouri legislators have proposed House Bill 2080 to establish a state-managed Bitcoin Strategic Reserve Fund. The bill, introduced by Representative Ben Keathley, mandates a five-year cold storage holding period for donated Bitcoin and requires biennial reporting and audits. It was referred to the House Commerce Committee for review on February 19.
Missouri State Representatives have proposed House Bill 2080 to create a Bitcoin Strategic Reserve Fund. The legislation would empower the State Treasurer to manage the fund and the state’s broader digital asset strategy.
The bill proposes a regulatory framework defining Bitcoin as a decentralized digital currency. It mandates that all Bitcoin reserves be held in cold storage with private keys kept offline for a minimum of five years.
The bill requires the State Treasurer to submit public, biennial reports on the reserve’s total holdings and security measures. It also establishes audit requirements to ensure compliance with state and federal regulations.
Only verified legal residents of Missouri would be permitted to make contributions to the fund. The legislation explicitly prohibits foreign or unlawful participation in the reserve.
The bill was referred to the House Commerce Committee on February 19 for consideration. If passed, it would take effect on August 28, 2026.
