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First Bitcoin Acquisition By A US State ‘Near Guaranteed’ Within 4 Months: Expert

Bitcoinist LogoBitcoinist2d ago

First Bitcoin Acquisition By A US State ‘Near Guaranteed’ Within 4 Months: Expert - Bitcoinist

Quick Summary:

Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), announced at Michael Saylor’s $100K New Year’s Eve Bitcoin Party in Miami that a US state is on the brink of initiating BTC purchases within the next four months.

When queried about the prediction that a state would buy BTC by next year—specifically Texas—Porter provided nuanced insights.“It’s a great statement.

Every bill they’ve passed out of that task force in the last several years, every bill that they said they like passes into law.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 19:00:27 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24825430

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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Publisher ID: #105

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