According to BlockBeats, Dennis Porter, CEO of the Satoshi Action Fund, announced on December 16 that a third U.S. state is set to officially launch legislation for a 'strategic Bitcoin reserve' this week. However, Porter did not disclose which state will follow the lead of Texas and Pennsylvania in this initiative.

Porter further expressed his belief that at least ten states will eventually introduce Bitcoin reserve bills. He emphasized that this trend is unlikely to stop, predicting a growing number of similar legislative efforts across the country. In his view, the introduction of such bills by at least ten states seems inevitable.