25.809.9 100th Legislative Session HCR6006
2025 South Dakota Legislature
House Concurrent Resolution
6006
Introduced by: Representative Manhart
Underscores indicate new language.
Overstrikes indicate deleted language.
A CONCURRENT RESOLUTION, Urging the State Investment Council to invest in 1
Bitcoin. 2
WHEREAS, the State Investment Council has a responsibility to safeguard the state's 3
financial resources against the impacts of inflation and other economic uncertainties; and 4
WHEREAS, Bitcoin has risen in value to the point that Bitcoin has a market cap over one 5
trillion dollars; and 6
WHEREAS, Bitcoin is becoming more widely accepted as an international medium of 7
exchange; and 8
WHEREAS, countries, including the United States, hold Bitcoin within their treasury 9
departments; and 10
WHEREAS, Bitcoin is seen as an asset that can hedge against inflation by both sovereign 11
nations and investment advisors; and 12
WHEREAS, this state should have access to tools to protect against inflation; 13
NOW, THEREFORE, BE IT RESOLVED, by the House of Representatives of the One 14
Hundredth Legislature of the State of South Dakota, the Senate concurring therein, that the 15
State Investment Council invest in Bitcoin and other digital assets. 16