Missouri lawmakers advanced House Bill 2080, which would let the state treasurer invest in and hold bitcoin for up to five years and accept certain crypto payments for taxes and fees.

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The Nasdaq-listed miner liquidated its entire Bitcoin treasury over eight weeks, dropping from approximately 2,000 BTC to zero.

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House Bill 2080, which proposes allowing the state treasurer to purchase and hold Bitcoin with public funds, has been referred to the House Commerce Committee.

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