North Carolina Introduces Bill to Establish a Strategic Bitcoin Reserve
North Carolina has introduced Senate Bill 327, legislation that would establish a strategic Bitcoin BTC +0.00% reserve for the state, adding the Tar Heel State to a rapidly growing list of U.S. states exploring public treasury exposure to Bitcoin.
What North Carolina’s Bitcoin Reserve Bill Actually Proposes
The bill, formally titled the “North Carolina Digital Assets Investments Act,” was filed as Senate Bill 327 during the 2025-2026 legislative session. It would authorize the State Treasurer to allocate a portion of state funds into digital assets, with Bitcoin as the primary qualifying asset.
According to a bill summary from the UNC School of Government, S327 targets the state’s general investment portfolio managed by the Treasurer’s office. The legislation includes provisions setting a ceiling on the percentage of state reserves eligible for digital asset allocation, a safeguard designed to limit downside risk to public funds.
The bill advanced through the North Carolina legislature, with reports indicating it cleared at least one chamber vote. Its progression marks a concrete legislative step beyond the introductory stage that many similar state-level proposals have stalled at.
North Carolina Joins a Growing List of States Pursuing Bitcoin Reserves
The bill arrives amid a nationwide wave of state-level Bitcoin reserve legislation that accelerated following President Trump’s federal Strategic Bitcoin Reserve executive order signed in March 2025. That order established a federal framework for holding Bitcoin as a strategic asset, giving political cover to state lawmakers pursuing similar proposals.
More than 20 U.S. states have now introduced some form of Bitcoin reserve or digital asset investment legislation. Arizona, Utah, and Oklahoma are among the states furthest along in the process, with bills that have cleared committee votes or passed full chamber votes.
Texas has also emerged as a major player in the state Bitcoin reserve movement, with legislation that would authorize the state comptroller to accept Bitcoin for tax payments and hold it in reserve. North Carolina’s S327 follows a template similar to these efforts, focused on authorizing existing state investment authorities to include Bitcoin in their portfolios.
The trend reflects a broader shift in how state lawmakers view digital assets. Rather than treating Bitcoin purely as a speculative instrument, these bills frame it as a potential hedge against inflation and a diversification tool for public treasuries.
What Comes Next for the North Carolina Bitcoin Bill
S327 must clear both the North Carolina Senate and House before reaching the governor’s desk. The full text of the bill is available through LegiScan, and its progress can be tracked through the state legislature’s official site.
The 2025-2026 legislative session gives the bill a runway to advance through committee referrals and floor votes. Whether it secures bipartisan support will likely determine its pace. State-level Bitcoin reserve bills in other states have drawn mixed reactions, with fiscal conservatives in some legislatures questioning the volatility risk to public funds.
No public statements from the North Carolina governor’s office or state treasurer have signaled a clear position on the proposal. The bill’s next procedural step is a committee hearing, where lawmakers will examine the investment framework and risk parameters before deciding whether to advance it to a full floor vote.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
