PANews reported on March 21 that according to OKG Research statistics, as of March 20, 2025, 18 states in the United States have promoted 33 "Bitcoin Strategic Reserve Acts". If all of the above bills are implemented and executed according to the proposal ceiling, it may bring potential buying demand of up to US$53.4 billion (about 630,000 BTC). This scale is 1.5 times the net inflow of US spot BTC ETFs (US$35.8 billion), which is equivalent to 1.26 times the current BTC holdings of MicroStrategy.
The data is based on each state's 2024-2025 fiscal year budget and only includes bills that specify funding sources and percentage caps. The estimate is based on Bitcoin's 20-day average price of $84,634.