West Virginia's legislature is pushing forward with a landmark proposal that could reshape how U.S. states approach digital assets. Under bill SB143, the state Treasury would gain authority to invest up to 10% of public funds directly into Bitcoin and gold—positioning these as dual inflation hedges.

The proposal comes with a significant market stability requirement: Bitcoin must maintain a minimum market capitalization of $750 billion before Treasury deployment can occur. This effectively establishes Bitcoin as the primary digital reserve asset among cryptocurrencies. Beyond straight purchases, the framework also permits Treasury-held Bitcoin to participate in staking mechanisms, potentially generating additional yield from the state's holdings.

The move signals growing acceptance of digital assets at the governmental level, with institutional-grade custody and diversification strategies entering mainstream policy discussions.