Mauricio di Bartolomeo, co-founder of Ledn, said that the possibility of establishing a strategic bitcoin reserve in the United States has increased after a state proposed a strategic bitcoin reserve bill. Bitcoin prices rose last week shortly after the introduction of the Pennsylvania Bitcoin Strategic Reserve Act. The bill is designed to allow the state to invest 10% of certain funds, including general funds, rainy day funds and national investment funds, in bitcoin. According to the state's 2023 Treasury Department Annual Investment Report, these funds collectively manage about $51 billion in assets, so a 10% allocation would represent about $5.10 billion in bitcoin investments. Previously, U.S. Senator Cynthia Loomis introduced the Bitcoin Act, which proposes that the United States create a strategic bitcoin reserve, requiring the purchase of up to 200,000 bitcoins per year for five years. If the bills pass into law, $23.30 billion worth of bitcoins could be acquired on the open market initially. Approval of either of the above bills would have a significant impact on other sovereign portfolios, sparking discussions about bitcoin allocation among the world's largest asset managers. The U.S. strategic reserve is likely to be at the heart of most bitcoin-related topics in the coming months.