PANews reported on February 9 that former Sequoia Capital analyst Julian Fahrer tweeted that Montana House Bill No. 429 would authorize the Investment Committee to invest up to $50 million in precious metals, digital assets and stablecoins with an average market value of more than $750 billion in the previous calendar year by July 15, 2025. These funds must be held by a qualified custodian or through an exchange-traded fund.