Overview

• Lawmakers placed House Bill 4087 on the second reading calendar and referred it to the Government Operations Committee following a prolonged stall.
• The proposal would authorize the state treasurer to invest up to 10% of Michigan’s general and stabilization funds in Bitcoin.
• Republican Representatives Bryan Posthumus and Ron Robinson are sponsoring the measure.
• Reporting describes planned safeguards such as use of a qualified custodian, exclusive state control of private keys, disaster‑recovery protocols, and regular audits and penetration testing.
• If enacted, Michigan would join Texas, New Hampshire, and Arizona in adopting state Bitcoin reserves, as many states consider similar bills and the U.S. House advances a directive for a Treasury study on reserve governance.