California Governor Candidate Backs Bitcoin Balance Sheet
California’s governor hopeful pledges to hold Bitcoin on the state balance sheet if elected, aiming to boost crypto adoption.
- Governor candidate supports Bitcoin reserves
- Plans to add BTC to California’s balance sheet
- Could set a precedent for crypto in politics
A California governor candidate has announced a bold plan: to hold Bitcoin on the state balance sheet if elected. This move would mark a significant milestone in crypto adoption at the government level.
The candidate believes that integrating Bitcoin into state reserves could help California lead in digital asset innovation. With tech at its core, California has always been a hub for emerging industries — and this proposal signals a serious commitment to supporting blockchain technology and decentralized finance (DeFi).
🏛️ A Pro-Crypto Political Strategy
According to the candidate, adding Bitcoin on the balance sheet would serve two purposes: diversifying state assets and promoting financial sovereignty. By taking this step, California could attract blockchain startups, investment, and high-tech talent.
While critics point to Bitcoin’s volatility, the candidate emphasizes a cautious, phased approach. They argue that even a small percentage of reserves in BTC could benefit the state long-term and act as a hedge against inflation.
This marks one of the most significant pro-crypto stances taken by a U.S. gubernatorial contender. If implemented, it could pave the way for similar policies across other U.S. states.
What This Means for Crypto’s Future
Adding Bitcoin to a state’s treasury would be more than symbolic — it would provide legitimacy to digital assets in the eyes of the public and regulators. The move could inspire further policy innovation and position California as a leader in the Web3 economy.
The 2025 election might not just be about politics — it could also shape the future of crypto regulation in the U.S.
Read Also :
- Trust Wallet Adds 100x Leverage Perps via Aster
- Whales Can Make or Break Crypto Projects
- Stablecoin Market Cap Hits Record $291B
- $STREAM Staked Supply Reaches Record 51M as Buybacks & Rewards Climb to 27% of Streamflow Protocol Revenue
- California Governor Candidate Backs Bitcoin Balance Sheet
