It's not an outright Strategic Bitcoin Reserve, it's rather a bill to allow the sate to invest in precious metals and digital assets and to hold them through a custodian in the form of ETPs.

What HB 302 is actually: the title says it all.

Bill Title: Relative to enabling the state treasury to invest in precious metals and digital assets.

It says:

Para II is:

So,

This says above 500 B which actually for now is only Bitcoin but what if when any sh*tcoin reaches that cap?

Also,

It'll be held as ETP and by a custodian. Wtf!!

Read for yourself what this bill is https://legiscan.com/NH/text/HB302/id/3228179

I'm disappointed to see the Bitcoiners making hay for something similar Trump also signed for the US. Does that mean anything? Does this mean anything?

It's all absolutely crap!