#ArizonaBTCReserve

Arizona is making strides to become the first US state to establish a Bitcoin reserve. The state's House of Representatives has passed two bills, Senate Bill 1025 and Senate Bill 1373, which would allow the state to invest up to 10% of its $31.5 billion in public funds in digital assets, including Bitcoin.

*Key Details:*

- *Investment Allocation*: Up to 10% of Arizona's public funds, approximately $3.14 billion, could be invested in Bitcoin and other digital assets.

- *Digital Assets Strategic Reserve Fund*: The bill establishes a fund to hold seized crypto assets and future appropriations, with mandates for on-chain auditability and standardized risk controls.

- *Potential Impact*: If fully deployed, Arizona's Bitcoin reserve would acquire around 31,000 BTC, making it the second-largest institutional Bitcoin holder among US public entities.

The bills now await Governor Katie Hobbs' signature to become law. If signed, Arizona would set a precedent for other states and sovereign governments exploring Bitcoin-backed reserve strategies.

*Other States Following Suit:*

Other states like Texas, Florida, and New Hampshire are also considering similar legislation, with New Hampshire's bill recently passing the House and heading to the Senate for a full floor vote.

*Federal Plans:*

The US government is also exploring the idea of a national crypto reserve, with President Donald Trump proposing a "Strategic Bitcoin Reserve" and Senator Cynthia Lummis suggesting a bill to hold over 1 million BTC.