PANews reported on March 25 that the Oklahoma House of Representatives passed HB1203, the Strategic Bitcoin Reserve Act, with an overwhelming majority of 77 votes to 15. The bill aims to support the state government's holding of Bitcoin as a reserve asset, allowing up to 10% of public funds to be invested in Bitcoin or digital assets with a market value of more than $500 billion. Oklahoma thus joins Texas, Arizona and Utah as the few states that have passed such legislation in one chamber. The bill will be submitted to the state Senate for deliberation.