Shocking! Arizona will be the first to invest in Bitcoin, leading the cryptocurrency revolution!

The Arizona legislature has passed the historic SB 1025 bill, which will allow public funds to invest up to 10% of their assets in Bitcoin and other cryptocurrencies. This bold move not only makes Arizona the first state in the U.S. to incorporate digital assets into public finance but also creates a new investment model for the nation.

This bill not only defines the scope of 'digital assets,' including Bitcoin and NFTs, but also establishes a digital asset strategic reserve fund to ensure that all investments are auditable and have risk control, safeguarding public funds. If Governor Hobbs signs the bill, Arizona will become the most forward-looking state in the world in terms of Bitcoin holdings, even surpassing well-known companies like Tesla in Bitcoin holdings.

With the market warming up and the enthusiasm of institutional investors, this action by Arizona will undoubtedly become a significant opportunity to promote the development of the Bitcoin market, encouraging other states to follow suit.