#ArizonaBTCReserve Arizona is on the verge of becoming the first U.S. state to establish a Strategic Bitcoin Reserve. On April 28, 2025, the Arizona House of Representatives passed two key bills—Senate Bill 1025 and Senate Bill 1373—that authorize the state treasurer to invest up to 10% of public funds, including treasury and pension assets, into digital assets like Bitcoin. This could amount to approximately $3.14 billion, based on the state's $31.5 billion in managed assets .

In addition to investment authority, the legislation establishes a Digital Assets Strategic Reserve Fund. This fund will manage both seized and purchased crypto assets, with mandates for on-chain auditability and standardized risk controls to ensure transparency and accountability .

The bills now await the signature of Governor Katie Hobbs. While she had previously threatened to veto all legislation amid a budget stalemate over disability funding, a bipartisan agreement reached on April 24 lifted that blanket veto threat .