Michigan Advances Long-Delayed Crypto Reserve Bill
Michigan has taken another step toward creating a state crypto reserve, with House Bill 4087 moving to a second reading on Thursday after a seven-month delay. The bill, introduced by Republican Representatives Bryan Posthumus and Ron Robinson, would let the state invest up to 10% of its funds in cryptocurrency. If passed , Michigan would join New Hampshire, Texas, and Arizona in permitting government-held crypto reserves. This marks a growing trend with more than 26 states now considering similar legislation to allow strategic crypto investments. Michigan’s Bitcoin Reserve bill (HB 4087) just moved forward for the first time since February. It’s now up for second reading + sent to the Govt. Operations Committee. If passed, the state could allocate up to 10% of funds into Bitcoin. Bullish is an understatement. 🚀 pic.twitter.com/HFf0Fb0CsM — ZYN (@Zynweb3) September 19, 2025 Michigan Crypto Reserve Bill Moves Forward The legislation includes str...