Creates the "Bitcoin Strategic Reserve Fund" and allows the state treasurer to receive, invest, and hold Bitcoin under certain circumstances

HB 1217 creates Missouri's "Bitcoin Strategic Reserve Fund" in the state treasury, allowing the treasurer to accept Bitcoin donations from eligible Missouri residents. The fund requires all Bitcoin to be held securely offline for a minimum of five years before conversion or sale, with strict rules prohibiting transactions involving foreign entities or illegal activities. The treasurer must publish biennial reports detailing holdings, value, transactions, and security measures, and develop protocols for secure storage using cold storage technology. This bill directly affects Missouri residents who donate Bitcoin and the state treasurer's office, which gains authority to manage the fund under specific investment and reporting rules.