A proposal in the Montana House of Representatives to introduce a state Bitcoin reserve fund has failed. The Inflation Protection Act, as it was called, was passed by the House Business and Labor Committee,

Montana lawmakers rejected a bill proposing a strategic Bitcoin reserve even as Michael Saylor hinted at more BTC buying.

Montana lawmakers reject House Bill 429, which proposed a Bitcoin reserve, citing the high risks involved with such investments.

Montana’s House Bill No. 429, which sought to establish a state-backed Bitcoin reserve, has failed to move forward after a crucial vote in the state’s House of Representatives. The bill was rejected by a 41-59 vote on February 22,

Montana’s Bitcoin reserve bill failed in a 41-59 House vote, ending its prospects. Twenty U.S. states continue advancing similar Bitcoin reserve legislation despite Montana’s rejection. As the race to establish a Bitcoin [BTC] Reserve gains momentum across various U.

Montana has blazed a trail, becoming the fourth U.S. state to push a Bitcoin reserve bill through to the House. On February 19, Montana’s House

Montana's House of Representatives on Saturday voted down a bill that sought to make Bitcoin a state reserve asset.

Montana is the latest state in the US to see a bill being rejected which aimed to invest public funds in Bitcoin.

Montana’s Bitcoin reserve bill failed approval from the House, with 41 – 59 votes, “largely due to fiscal conservative opposition.”

Montana's rejection of a Bitcoin reserve bill highlights the diverse approaches US states are taking toward cryptocurrency investment legislation, with some advancing similar proposals while others exercise caution.