State funds-investment in Bitcoin.

Wyoming's HB 201 allows the state treasurer to invest up to 3% of the general fund, mineral trust fund, and land fund in Bitcoin or Bitcoin-related exchange-traded products. The bill requires all investments to use a "secure custody solution" with strict security measures, including exclusive state control of private keys and geographically diverse data centers. It mandates annual reports to state committees detailing investment performance, security practices, and financial details. This directly affects how Wyoming manages its public funds, with the state treasurer responsible for implementing the rules and oversight. The bill does not authorize new spending but modifies existing investment policies for state funds.