Michigan Reactivates Bill to Create Bitcoin Reserve

• Michigan can invest up to 10% in cryptocurrencies
• HB 4087 Bill Seeks Strategic Bitcoin Reserve
• State joins Texas, Arizona and New Hampshire

Michigan lawmakers have resumed debate on the creation of a reservation strategic approach to cryptocurrencies and Bitcoin, a measure that had been inactive for more than seven months. Bill HB 4087, also known as the Management and Budget Act, advanced to its second reading on September 18 and was referred to the House Government Operations Committee.

The proposal, introduced by Republican Representatives Bryan Posthumus and Ron Robinson, authorizes the state treasurer to allocate up to 10% of public funds withdrawn from the general fund, the countercyclical budget, and the economic stabilization fund to digital assets. According to its supporters, the initiative would give Michigan an additional tool to protect against financial crises.

The text establishes specific rules for the management of these assets. The treasurer may hold cryptocurrencies through secure storage providers, qualified custodians, or exchange-traded products. Lending of digital assets will also be permitted, provided the transactions do not entail significant financial risks.

The bill had been shelved in February 2025, leading the industry to believe the initiative had lost momentum. However, its return to the legislative process demonstrates the state's renewed interest in adopting policies focused on digital assets. If approved by the legislature and signed by the governor, Michigan will become the fourth U.S. state to officially adopt a cryptocurrency reserve, following the example of Texas, Arizona, and New Hampshire.

Michigan currently ranks sixth among states considering similar legislation, according to data from the calls. Bitcoin Reserve Laws The local measure follows moves at the federal level: in early September, the U.S. House of Representatives introduced a bill to have the Treasury Department assess the feasibility of a national reserve of Bitcoin and other digital assets.

This state effort reflects the growing integration of cryptocurrencies into US public policy, in line with the stance of the administration led by President Donald Trump, which has reinforced the strategic importance of digital assets to the American economy.