PANews reported on January 18 that Massachusetts Senator Peter Durant proposed a bill to establish a "strategic bitcoin reserve" in the state. It is worth noting that Massachusetts is the first deep blue state to propose legislation related to the "strategic bitcoin reserve". At the same time, Massachusetts has also become the eighth state to propose a similar bill. Currently, eight states in the United States have proposed bills related to the "strategic bitcoin reserve", namely: Oklahoma, New Hampshire, Wyoming, Texas, Pennsylvania, Ohio, and North Dakota.