South Dakota

California crypto startup moves to South Dakota as debate over proposed wealth tax heats up

Published

1 month ago

January 21, 2026

California crypto startup moves to South Dakota as debate over proposed wealth tax heats up

California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires.

The company that had been based in Palo Alto is now based in Sioux Falls, S.D., according to a December filing to the U.S. Securities and Exchange Commission.

BitGo, which is targeting a valuation of $1.96 billion, offers tools to businesses that help them manage their digital assets and keep them secure.

It occupies 5,250 square feet of office space in Sioux Falls as part of a lease scheduled to expire in 2028, the filing said. As of September, the digital asset infrastructure company said it had office space in San Francisco, Palo Alto, New York, Canada, India, Germany, Singapore, South Korea and Dubai. It had 566 full-time employees.

The rise of remote work has made it possible for businesses to recruit employees outside of their main headquarters. BitGo’s career page lists openings for a variety of roles — some of them remote — including in California and South Dakota. Some jobs, though, asks applicants whether they can work on-site.

The filing doesn’t say why the company moved its headquarters. Business leaders who have been critical of California regulation have been relocating their headquarters. Database management company Oracle and social media company X moved their main offices.

SFGate earlier reported on BitGo’s move.

An initiative to tax some of California’s wealthiest residents still needs enough signatures to make it on the November ballot, but it’s already sparking a lot of backlash. Under the Billionaire Tax Act, Californians worth more than $1 billion would pay a one-time 5% tax on their total wealth. Most of that funding would go toward healthcare to help offset widespread cuts by the Trump administration.

Critics of the proposal include BitGo Chief Executive Mike Belshe, who said on X that a new tax would also harm startups.

“Who in their right mind would found a new business in California if California does this?,” he wrote in late December.

Although some tech moguls, including Google co-founders Larry Page and Sergey Brin, recently have moved some of their companies out of California, proponents of the proposal say concerns that billionaires will flee are overblown.

The proposed tax would apply to about 200 California billionaires who reside in the state as of Jan. 1. The Service Employees International Union-United Healthcare Workers West, the union behind the initiative, said that it would raise $100 billion, and that most billionaires haven’t moved.

BitGo didn’t immediately respond to questions about its headquarters.

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South Dakota

SD Lottery Millionaire for Life winning numbers for March 5, 2026

Published

1 hour ago

March 6, 2026

Press Room

The South Dakota Lottery offers multiple draw games for those aiming to win big.

Here’s a look at March 5, 2026, results for each game:

Winning Millionaire for Life numbers from March 5 drawing

17-20-23-30-33, Bonus: 05

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

Prizes of $100 or less: Can be claimed at any South Dakota Lottery retailer.
Prizes of $101 or more: Must be claimed from the Lottery. By mail, send a claim form and a signed winning ticket to the Lottery at 711 E. Wells Avenue, Pierre, SD 57501.
Any jackpot-winning ticket for Dakota Cash or Lotto America, top prize-winning ticket for Lucky for Life, or for the second prizes for Powerball and Mega Millions must be presented in person at a Lottery office. A jackpot-winning Powerball or Mega Millions ticket must be presented in person at the Lottery office in Pierre.

When are the South Dakota Lottery drawings held?

Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
Mega Millions: 10 p.m. CT on Tuesday and Friday.
Lucky for Life: 9:38 p.m. CT daily.
Lotto America: 9:15 p.m. CT on Monday, Wednesday and Saturday.
Dakota Cash: 9 p.m. CT on Wednesday and Saturday.
Millionaire for Life: 10:15 p.m. CT daily.

This results page was generated automatically using information from TinBu and a template written and reviewed by a South Dakota editor. You can send feedback using this form.

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South Dakota

DOE selects nine school districts for 2026 South Dakota Perkins Reserve grant

Published

14 hours ago

March 5, 2026

Press Room

DOE selects nine school districts for 2026 South Dakota Perkins Reserve grant

SIOUX FALLS, S.D. (Dakota News Now) – Nine school districts have been selected as recipients of the 2026 Perkins Reserve Grant by the South Dakota Department of Education.

The grant provides major equipment upgrades for Career and Technical Education programs, helping to equip students with the skills and experiences needed for post-secondary education and the workforce.

“CTE programs are constantly evolving to match the pace of workforce needs,” said Secretary of Education Dr. Joseph Graves.

“The South Dakota Perkins Reserve Grant aids schools in equipping students with current technologies, resources, and tools, offering students a realistic, hands-on learning experience that will strengthen their marketability to colleges or employers once they leave the K-12 education system.”

The following school districts have been named as the 2026 recipients:

Aberdeen School District:
- Awarded $30,233 for new precision machine equipment for the manufacturing program.
De Smet School District:
- Awarded $15,898 for modernizing metal fabrication within agriculture programs.
Lake Preston School District:
- Awarded $43,160 for expansion of program offers in multiple career clusters to strengthen industrial alignment.
McLaughlin School District:
- Awarded $11,997 to purchase equipment to offer a new culinary arts program.
Menno School District:
- Awarded $32,844 to purchase small engines and attend professional development opportunities to enhance the agricultural mechanics program.
Mitchell School District:
- Awarded $38,663 for the modernization of the automotive technology lab.
Timber Lake School District:
- Awarded $42,400 for the expansion of agriculture course offerings to strengthen industry alignment.
Wakpala School District:
- Awarded $40,145 to purchase a skid steer simulator to enhance the agriculture and construction program.
Wolsey-Wessington School District:
- Awarded $26,201 to purchase industry-aligned equipment to enhance the agriculture and construction program.

You can learn more about the South Dakota Perkins Reserve Grant at doe.sd.gov.

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South Dakota

SD Lottery Powerball, Lotto America winning numbers for March 4, 2026

Published

1 day ago

March 5, 2026

Press Room

The South Dakota Lottery offers multiple draw games for those aiming to win big.

Here’s a look at March 4, 2026, results for each game:

Winning Powerball numbers from March 4 drawing

07-14-42-47-56, Powerball: 06, Power Play: 4

Check Powerball payouts and previous drawings here.

Winning Lotto America numbers from March 4 drawing

33-38-39-47-51, Star Ball: 07, ASB: 02

Check Lotto America payouts and previous drawings here.

Winning Dakota Cash numbers from March 4 drawing

02-18-22-30-32

Check Dakota Cash payouts and previous drawings here.

Winning Millionaire for Life numbers from March 4 drawing

12-13-36-39-58, Bonus: 03

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

Prizes of $100 or less: Can be claimed at any South Dakota Lottery retailer.
Prizes of $101 or more: Must be claimed from the Lottery. By mail, send a claim form and a signed winning ticket to the Lottery at 711 E. Wells Avenue, Pierre, SD 57501.
Any jackpot-winning ticket for Dakota Cash or Lotto America, top prize-winning ticket for Lucky for Life, or for the second prizes for Powerball and Mega Millions must be presented in person at a Lottery office. A jackpot-winning Powerball or Mega Millions ticket must be presented in person at the Lottery office in Pierre.

When are the South Dakota Lottery drawings held?

Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
Mega Millions: 10 p.m. CT on Tuesday and Friday.
Lucky for Life: 9:38 p.m. CT daily.
Lotto America: 9:15 p.m. CT on Monday, Wednesday and Saturday.
Dakota Cash: 9 p.m. CT on Wednesday and Saturday.
Millionaire for Life: 10:15 p.m. CT daily.

This results page was generated automatically using information from TinBu and a template written and reviewed by a South Dakota editor. You can send feedback using this form.

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