Minnesota Bitcoin Reserve Overview
Minnesota HF 2308 (Minnesota Bitcoin Act) introduced 2025 proposing crypto-friendly framework. Under review.
Minnesota Legislative Breakdown
HF 2308 (Minnesota Bitcoin Act) introduced 2025.
Minnesota Strategic Bitcoin Reserve
Current status: PROPOSED — reserve legislation under active consideration.
As of August 6, 2026, Minnesota'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.
Minnesota Legislative Timeline
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2025-03-17PROPOSEDMinnesota Bitcoin Act (HF 2308) introduced.Bill: HF 2308Read More →
Minnesota Bitcoin Reserve FAQs
Does Minnesota have a state Bitcoin reserve?
As of August 6, 2026: Minnesota HF 2308 (Minnesota Bitcoin Act) introduced 2025 proposing crypto-friendly framework. Under review.
How much Bitcoin does Minnesota hold?
Minnesota'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 Minnesota's Bitcoin policy stance?
Minnesota is classified as 'Friendly' on Bitcoin-related state legislation. Key legislation: HF 2308 (Minnesota Bitcoin Act) introduced 2025.
Has Minnesota passed a Strategic Bitcoin Reserve bill?
See the Minnesota 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 Minnesota?
Bitcoin is legal to buy, hold, and sell across all US states, including Minnesota, 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 Minnesota?
Federal capital-gains tax applies to crypto nationwide. State tax treatment in Minnesota depends on whether it levies a state income tax; consult a qualified tax professional, as guidance evolves.
Is Bitcoin mining allowed in Minnesota?
Bitcoin mining is generally permitted across US states, though Minnesota 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 Minnesota's state treasury invest in Bitcoin?
A state treasury can hold Bitcoin only if legislation explicitly authorizes it. Minnesota's current authority is reflected by its stance ('Friendly') and the key legislation listed above.
When was Minnesota'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 Minnesota's Bitcoin reserve information?
All bill numbers, dates, and signatures are sourced from official Minnesota 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 Minnesota
All data on this page is compiled from primary, verifiable sources. Click any source below to verify directly.