Hassan Maishera
TL;DR
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Missouri has advanced its state bitcoin reserve bill to the House Commerce Committee, the second time it has made this attempt.
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The bill seeks to create a Bitcoin Strategic Reserve Fund and allow the state treasurer to receive, invest, and hold bitcoin.
Missouri Submits the Bitcoin Reserve Bill to House Committee
The state of Missouri has advanced its legislation to create a state Bitcoin reserve to the State House Commerce Committee. This latest development comes after similar efforts failed to materialize last year.
House Bill 2080, introduced by Republican Representative Ben Keathley, is set to create a Bitcoin Strategic Reserve Fund within the state treasury and authorize the Missouri State Treasurer to receive, invest, and hold bitcoin under certain conditions.
Furthermore, this bill would allow the Treasurer to accept gifts, grants, or donations of bitcoin from eligible Missouri residents or governmental entities and to custody those holdings for at least five years before any sale, transfer, or conversion.
House Bill 2080 seeks to empower the Treasurer to purchase cryptocurrency using state funds and permit Missouri's government entities to accept approved digital assets for taxes, fees, and other payments.
The bill would also require the Treasurer to prepare a biennial public report detailing fund activity.
This latest development comes as the bill received its first and second readings in January 2026 and was referred to the House Commerce Committee on Feb. 19.
This wouldbe the second time Keathley is attempting to establish Missouri's bitcoin treasury. His earlier measure, HB 1217, introduced in February 2025, similarly sought to establish a dedicated bitcoin reserve fund with the Treasurer as custodian.
However, the earlier bill received a hearing in the House Special Committee on Intergovernmental Affairs in March 2025 but did not advance, ultimately dying in committee before the session ended.
Missouri is one of the multiple U.S. states currently exploring the idea of bitcoin reserves. Lawmakers in Kansas and Florida have advanced similar proposals in the legislature.
Furthermore, Arizona, Texas, and New Hampshire have passed their crypto reserve legislation.
