Whales Accumulate Bitcoin as More States Consider Digital Asset Reserves
North Dakota has become one of several U.S states exploring ways to protect their finances from inflation by investing selectively into digital assets such as bitcoins (BTC). This comes amid growing interest among whales – high net worth individuals who control large amounts of crypto wealth – which could potentially influence future trends within this nascent industry.
On Friday morning local time , six Republican representatives introduced House Concurrent Resolution No . 3001 , calling upon relevant bodies within North Dakota government “to investigate ways through which select state funds might be invested into digital currencies like bitcoins.”
As reported by Decrypt.co.
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