#USStateBuysBTC

In 2024, several U.S. states initiated investments in Bitcoin, marking a significant shift toward cryptocurrency adoption at the state level:

Wisconsin: The State of Wisconsin Investment Board purchased approximately $163 million in Bitcoin ETFs during the first quarter of 2024, becoming one of the first state pension funds to invest in cryptocurrency.

Michigan: Following Wisconsin's lead, the State of Michigan Retirement System invested $6.6 million in the ARK 21Shares Bitcoin ETF, further indicating growing institutional interest in digital assets.

Pennsylvania: Legislation was introduced to authorize the state's treasurer and public pension funds to invest in Bitcoin, reflecting a proactive stance toward digital asset integration.

These developments highlight a broader trend of state-level engagement with cryptocurrencies, signaling increased acceptance and integration of digital assets into traditional financial systems.