[Illinois Legislator Proposes New Bill to Allow Public Funds to Invest in Bitcoin Treasury Company Stocks] Deep Tide TechFlow reports that on March 31, according to Bitcoin Treasuries, Illinois State Senator Steve McClure introduced SB3672—'Local Government Digital Asset Investment Act.' The bill aims to amend the state's 'Public Funds Investment Act' to allow public institutions to allocate up to 5% of public funds to Bitcoin-related financial products. Under the bill's definition, eligible 'digital asset stocks' must be equity in publicly listed companies, and the latest audited financial statements of these companies must verify that at least 25% of their total assets are held in Bitcoin or other digital currencies. This threshold would include companies such as Strategy, Twenty One Capital, Metaplanet, and Semler Scientific, which focus on Bitcoin accumulation as a core strategy, within the investment scope. The bill also permits public funds to invest in Bitcoin ETFs and Bitcoin bonds, with additional transparency requirements attached.