Michigan’s bid to create a state-run Bitcoin reserve is back on track. After seven months of inactivity, House Bill 4087 has been moved to the Government Operations Committee. The bill, sponsored by Republican Reps. Bryan Posthumus and Ron Robinson, would allow the state to allocate up to 10% of its general and stabilization funds into cryptocurrency.
If successful, Michigan would join Texas, New Hampshire, and Arizona as one of the few U.S. states to have enacted Bitcoin reserve laws. According to Kadan Stadelmann, CTO of Komodo Platform, this is part of a “hyperbitcoinization” trend spreading at the state level. Stadelmann believes that a Bitcoin reserve can help protect taxpayer money from the devaluation of the dollar in a future “multi-polar world” where the U.S. Dollar may no longer be the sole reserve currency.
The bill’s success, Stadelmann says, will depend on its detailed security provisions, which include using a third-party “qualified custodian,” maintaining “exclusive control over private keys,” and implementing “regular audits.” He adds that Michigan’s success could pressure neighboring states to follow suit.
Meanwhile, a recent White House crypto report did not include any recommendations for a federal Bitcoin reserve, despite its extensive coverage of other crypto policies. This highlights a divergence between state-level and federal approaches to digital asset reserves. The U.S. House, however, did advance a bill earlier this month to study the feasibility of a federal Bitcoin reserve.
September 2025, Cryptoniteuae
