#ArizonaBTCReserve

📢 #ArizonaBTCReserve: Arizona officially passes Bitcoin reserve bill!

On April 28, 2025, the Arizona House of Representatives passed two groundbreaking bills: SB1025 and SB1373, allowing the state to invest up to 10% of the $31.5 billion public fund into Bitcoin and other digital assets.

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🔍 Key highlights:

• SB1025: Allows the State Treasury and pension funds to invest in Bitcoin, aiming to diversify the investment portfolio and protect against inflation.

• SB1373: Establishes a Digital Asset Reserve Fund, managing seized digital assets and new investments, with transparency requirements on blockchain and strict risk control.

• If fully implemented, Arizona could invest approximately $3.14 billion into Bitcoin and other digital assets.

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🧭 Current situation:

Both bills are awaiting the signature of Governor Katie Hobbs. Although she previously threatened to veto the bills due to budgetary controversies, the chances of passing these bills have significantly increased after a bipartisan agreement on April 24.

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🌐 Global implications:

If signed into law, Arizona will become the first state in the United States to officially hold Bitcoin in the state treasury, paving the way for other states like Texas, Florida, and New Hampshire to follow suit.