State finance: other; strategic bitcoin reserve; establish. Amends sec. 351 of 1984 PA 431 (MCL 18.1351) by adding sec. 351a.
Key claim: Michigan House Bill 4087 proposes establishing a strategic bitcoin reserve as part of state finance law by amending the Management and Budget Act.
Abstract
(HB4087 · 103rd Legislature) State finance: other; strategic bitcoin reserve; establish. Amends sec. 351 of 1984 PA 431 (MCL 18.1351) by adding sec. 351a. Latest action (2026-07-01): Rep. Ron Robinson Removed As Cosponsor
Why this matters
A state-held bitcoin reserve would introduce a volatile digital asset into Michigan’s public finances, with implications for taxpayers who bear both the upside and downside risk of price swings. It also signals broader policy engagement with cryptocurrency at the state level, complementing existing debates over crypto mining land use. As an introduced bill, no funds are committed, but the proposal establishes a marker for future fiscal policy debate.