Wyoming has introduced a bill to create a Strategic Bitcoin Reserve, allowing state funds to be invested in Bitcoin. The bill proposes that the state treasurer may use the general fund, the permanent Wyoming mineral trust fund, and the permanent land fund to invest in Bitcoin, but no more than 3% can be allocated to Bitcoin under each fund. If Bitcoin exceeds the 3% threshold, no sale will be required to maintain the portfolio allocation limit. Several other US states have also put forward a Strategic Bitcoin Reserve bill.