South Dakota Representative Logan Manhart has reintroduced a bill to allow the state to invest public funds in Bitcoin. House Bill 1155 proposes that up to 10% of select state funds could be allocated to Bitcoin investments. This follows a similar proposal in 2025 that was blocked due to concerns over Bitcoin's volatility. The new bill, HB 1155, includes provisions for Bitcoin exposure through direct holdings, qualified custodians, or regulated exchange-traded products. It also mandates strict security measures, such as encrypted hardware storage for private keys and regular security audits. The bill has been referred to the Committee on Commerce and Energy for further consideration. This move reflects a growing interest in Bitcoin reserves across the US, with states like Kansas and Florida considering similar proposals, and others like Arizona and Texas already passing crypto reserve legislation.