💥U.S. States Could Outbuy Wall Street: 53.4B in BTC Demand from Strategic Reserve Bills 📊 Estimated inflows if all active state-level Strategic Bitcoin Reserve (SBR) bills are fully implemented: 🔹 53.4B ~= 630k BTC 🔹 1.26x @MicroStrategy 's total BTC holdings 🔹 1.49x of all U.S. Spot BTC ETF net inflows 🖥️ Estimation Assumptions ▫️ 18 U.S. states are advancing 33 SBR-related bills ▫️ Each state’s inflow projection is based on the highest proposed allocation value ▫️State fund data is sourced from FY2024–FY2025 budgets and official public records ▫️ Calculations assume the full authorized percentage of eligible funds is deployed into BTC ▫️ Bills without specified funding sources or clear caps were excluded ▫️ BTC price is based on the 20-day moving average: 84,634 ▫️ Total net inflow into U.S. Spot BTC ETFs to date: 35.8B ▫️All data as of March 20, 2025 #Bitcoin #StateReserves #BTC #StrategicBitcoinReserve #USCryptoPolicy #inflation #Onchain #Hedge #BitcoinReserve #SBRs #BTCFlows #Onchain #FiscalPolicy #StateBudget #BTCETF