#ArizonaBTCReserve Arizona's Bitcoin Reserve Initiative
The Arizona House of Representatives has passed two bills, SB1025 and SB1373, aimed at establishing a state-managed Bitcoin reserve. Key points include:
Legislative Developments:
1. *Bills Passed*: SB1025 and SB1373 were passed on April 28, 2025.
2. *Investment Allocation*: Up to 10% of state public funds, including treasury and pension assets, can be invested in digital assets like Bitcoin.
Implications:
1. *State-Managed Reserve*: Arizona aims to create a state-managed Bitcoin reserve.
2. *Diversification*: The bills allow for diversification of state investments into digital assets.
This initiative reflects growing interest in cryptocurrency adoption and investment in state-managed assets.