Wisconsin
Bitcoin States
Wisconsin made Bitcoin history in Q1 2024 when the State of Wisconsin Investment Board (SWIB) became the first state pension fund in the United States to publicly disclose spot Bitcoin ETF holdings, purchasing over $160 million in BlackRock's IBIT and Grayscale's Bitcoin ETF. SWIB later more than doubled its position to $350 million before exiting in Q1 2025, but the original investment was a landmark moment for institutional Bitcoin adoption.
Details
- State
- Wisconsin
- Region
- Midwest
- Status
- pension_btc_etf_historic
- Known For
- SWIB historic first — first US state pension to publicly disclose spot Bitcoin ETF holdings ($350M peak, 2024)
- Income Tax
- Yes
- Legislation
- SWIB — first state pension to buy spot Bitcoin ETFs (Q1 2024, exited Q1 2025)
- Abbreviation
- WI
- Notable Legislation
- SWIB first state pension Bitcoin ETF purchase (Q1 2024, exited Q1 2025)
- Bitcoin Mining Rights
- No
- Bitcoin Friendly Score
- medium
More Bitcoin States
Arizona
Signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized assets. Does not authorize active purchases but establishes a framework for state Bitcoin holdings.
New Hampshire
Signed HB 302 into law allowing the state treasurer to invest in digital assets including Bitcoin. Known for its 'Live Free or Die' motto and libertarian leanings that align with Bitcoin values.
Texas
One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.
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