Satoshi Action Fund: Utah may become the first US state to establish a Bitcoin reserve

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Cointime2025/02/03 02:22

By:Cointime

Utah may become the first state in the United States to establish a Bitcoin reserve due to its shorter legislative window and "political momentum".

Dennis Porter, CEO of Satoshi Action Fund, stated in an interview with US Senator Cynthia Lummis on February 2 that Utah has a great opportunity to become the first state in the United States to establish a Bitcoin reserve because they only have 45 days to make a decision.

Dennis Porter stated in an interview on January 21: "Either succeed within 45 days or fail. No other state has a shorter legislative time, and no other state has more political momentum and determination to get this done."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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