On September 19, 2025, Michigan’s House Bill 4087 (HB 4087), introduced by Representatives Bryan Posthumus and Ron Robinson on February 13, 2025, progressed to a second reading in the House of Representatives and was referred to the Committee on Government Operations, per,,. The bill amends the Michigan Management and Budget Act to allow the state treasurer to invest up to 10% of the general fund and economic stabilization fund in Bitcoin (BTC), establishing a Strategic Bitcoin Reserve, per,. It also permits secure crypto lending to generate returns, provided it does not increase financial risk, per,.
The bill’s advancement, after months of delay, signals growing bipartisan support for cryptocurrency integration, aligning Michigan with 20 other U.S. states exploring similar legislation, per,. Proponents, including Posthumus, argue that BTC ($117,939, per CoinMarketCap) hedges against inflation and U.S. dollar depreciation, per CoinoMedia. Michigan’s state pension fund already holds $9M in Bitcoin and Ethereum ETFs, indicating familiarity with digital assets, per,. X posts from @Vivek4real_ celebrate the bill as part of a “wildfire” of state-level BTC adoption, per.
Critics highlight Bitcoin’s volatility, with BTC dropping 2.78% to $113,234 recently, per. The bill mandates secure custody solutions or exchange-traded products (ETPs) from registered firms to mitigate risks, per,. VanEck’s Matthew Sigel estimates state-level BTC investments could drive $23B in purchases, boosting prices, per. However, North Dakota rejected similar legislation, citing risk management concerns, per. The bill requires further committee review and legislative votes, per.
Investors should monitor Michigan’s legislative updates via legislature.mi.gov and BTC flows on CryptoQuant. BTC support is at $112,000, with resistance at $120,000, per TradingView. Diversify into USDC or ETH ($4,448) with stop-losses below $112,000, per. Follow @TheBlock__ on X for real-time updates. If passed, the bill could position Michigan as a crypto leader, potentially pushing BTC to $150,000 by 2026, per Techopedia, but volatility and regulatory hurdles remain, per.
