According to TechFlow news on January 18, Massachusetts Senator Peter Durant has proposed a bill to establish a "strategic Bitcoin reserve" in the state. Notably, Massachusetts is the first deep blue state to propose legislation related to a "strategic Bitcoin reserve." Additionally, Massachusetts has become the eighth state to introduce similar legislation.

Currently, eight states in the United States have proposed legislation related to a "strategic Bitcoin reserve," which includes: Oklahoma, New Hampshire, Wyoming, Texas, Pennsylvania, Ohio, and North Dakota.