On page 1, line 2, of the Introduced resolution, after "Bitcoin" insert " and other digital assets"
On page 1, line 5, of the Introduced resolution, delete " has" and insert " and other digital assets have"
On page 1, line 5, of the Introduced resolution, delete " to the point that Bitcoin has a market cap over one trillion dollars" and insert " and are increasingly recognized as viable alternative investments"
On page 1, line 7, of the Introduced resolution, delete "WHEREAS, Bitcoin is becoming more widely accepted as an international medium of exchange" and insert a space
On page 1, line 8, of the Introduced resolution, after "exchange" delete "; and"
On page 1, line 9, of the Introduced resolution, after "and" delete "WHEREAS, countries, including the United States, hold Bitcoin within their treasury departments; and"
On page 1, line 11, of the Introduced resolution, after "and" delete "WHEREAS, Bitcoin is seen as an asset that can hedge against inflation by both sovereign nations and investment advisors; and"
On page 1, line 13, of the Introduced resolution, after "and" delete "WHEREAS, this state should have access to tools to protect against inflation;"
On page 1, after line 13, of the Introduced resolution, insert: "
WHEREAS, the total value of investable assets available to the state allows for an investment of at least five percent in Bitcoin and other digital assets; and"
On page 1, after line 13, of the Introduced resolution, insert: "
WHEREAS, compliance with state regulatory oversight and secure storage requirements necessitate the creation of a South Dakota-domiciled entity that maintains custody of state-owned digital assets; and "
On page 1, after line 13, of the Introduced resolution, insert: "
WHEREAS, the state would benefit from the establishment of a Digital Asset Investment Committee, which would be responsible for investments in this asset class; "
On page 1, line 17, of the Introduced resolution, delete " invest in" and insert " allocate at least five percent of the total value of state-owned investable assets to"
On page 1, line 17, of the Introduced resolution, after "assets" insert "; and"
On page 1, after line 16, of the Introduced resolution, insert: "
BE IT FURTHER RESOLVED, that a Digital Asset Investment Committee should be created to manage state-owned Bitcoin and other digital assets."