#ArizonaBTCReserve

Arizona has recently approved a bill to establish a Bitcoin reserve, aiming to invest up to 10% of its $31.5 billion state assets in digital currencies like Bitcoin. This move positions Arizona as a potential first in the U.S. to formally hold Bitcoin in its treasury. The legislation, awaiting the Governor's signature, emphasizes high-liquidity and security for these investments, with a cap on annual investments at 10% of the fund. If fully implemented, the reserve could reach around 31,000 BTC.