Key Takeaways South Dakota Representative Logan Manhart has introduced a bill to allow the state to invest public funds in Bitcoin. House Bill 1155 proposes investing up to 10% of select state funds in Bitcoin. The lawmaker introduced a similar bill in 2025, but it was blocked and not signed into law. This proposal follows a growing interest in Bitcoin reserves across the US and other nations. A South Dakota lawmaker has introduced a bill to the legislature that seeks to allow the state to invest a portion of its public funds in Bitcoin. This comes just after about a year, when a similar legislation he introduced failed to be implemented. Losing no hope, on Tuesday, the 27th, Logan Manhart introduced House Bill (HB) 1155 in South Dakota’s legislature. HB 1155 proposes allowing the State Investment Council to allocate up to 10% of state revenues to Bitcoin. "I am proud to say I have released my bill that would allow the State of South Dakota to invest in Bitcoin. Strong...