Maryland Bitcoin Reserve Overview
Maryland's HB 1389 (2025) proposed allocating up to 10% of Rainy Day Fund to Bitcoin. Bill is pending.
Maryland Legislative Breakdown
HB 1389 (2025) Bitcoin Reserve proposal under consideration.
Maryland Strategic Bitcoin Reserve
Current status: NO ACTIVE LEGISLATION — no Strategic Bitcoin Reserve bill on file.
As of August 6, 2026, Maryland's state treasury holds no Bitcoin directly. US state Strategic Bitcoin Reserves authorize the holding of Bitcoin but require separate legislative appropriation before a treasury is funded. The timeline below tracks every verified legislative milestone.
Maryland Legislative Timeline
-
2025-02-21PROPOSEDDelegate Caleb Hertin introduced HB 1389 proposing Bitcoin allocation from Rainy Day Fund.Bill: HB 1389Read More →
Maryland Bitcoin Reserve FAQs
Does Maryland have a state Bitcoin reserve?
As of August 6, 2026: Maryland's HB 1389 (2025) proposed allocating up to 10% of Rainy Day Fund to Bitcoin. Bill is pending.
How much Bitcoin does Maryland hold?
Maryland's state treasury holds no Bitcoin directly as of August 6, 2026. Even where reserve legislation is enacted, a treasury is only funded after a separate legislative appropriation.
What is Maryland's Bitcoin policy stance?
Maryland is classified as 'Neutral' on Bitcoin-related state legislation. Key legislation: HB 1389 (2025) Bitcoin Reserve proposal under consideration.
Has Maryland passed a Strategic Bitcoin Reserve bill?
See the Maryland legislative timeline above for current bill status. As of August 6, 2026, only Arizona (HB 2749), New Hampshire (HB 302), and Texas (SB 21) have enacted state Strategic Bitcoin Reserve laws.
Is Bitcoin legal in Maryland?
Bitcoin is legal to buy, hold, and sell across all US states, including Maryland, under federal law. State-level rules mainly govern money-transmitter licensing, consumer protection, and whether the state treasury may hold Bitcoin.
Is cryptocurrency taxed in Maryland?
Federal capital-gains tax applies to crypto nationwide. State tax treatment in Maryland depends on whether it levies a state income tax; consult a qualified tax professional, as guidance evolves.
Is Bitcoin mining allowed in Maryland?
Bitcoin mining is generally permitted across US states, though Maryland may apply energy, zoning, or noise regulation. Any mining-specific measures are noted in the legislative breakdown above.
Which US states have enacted Bitcoin reserve laws?
Three states have enacted Strategic Bitcoin Reserve laws: Arizona (HB 2749, May 7 2025), New Hampshire (HB 302, May 6 2025), and Texas (SB 21, June 2025). Texas made the first state reserve purchase (~$5M in a Bitcoin ETF, November 2025); several others have active proposed legislation.
Can Maryland's state treasury invest in Bitcoin?
A state treasury can hold Bitcoin only if legislation explicitly authorizes it. Maryland's current authority is reflected by its stance ('Neutral') and the key legislation listed above.
When was Maryland's Bitcoin legislation last updated?
This page reflects verified data as of August 6, 2026, sourced from official state legislative records (LegiScan) and signed gubernatorial press releases.
Where can I verify Maryland's Bitcoin reserve information?
All bill numbers, dates, and signatures are sourced from official Maryland legislative records via LegiScan, the National Conference of State Legislatures, and gubernatorial press releases. Sources are linked at the bottom of this page.
Official Sources & Data References for Maryland
All data on this page is compiled from primary, verifiable sources. Click any source below to verify directly.