#ArizonaBTCReserve

Arizona is on the verge of establishing a state-level Bitcoin reserve. The House of Representatives recently passed two bills, SB1025 and SB1373, which, if signed by the governor, would allow the state to invest up to 10% of its public funds in digital assets, potentially including Bitcoin.

SB1025 specifically targets Bitcoin for investment of treasury and pension funds, while SB1373 creates a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations for broader digital asset investments.

This initiative positions Arizona at the forefront of US states exploring Bitcoin as a reserve asset, aiming to diversify public portfolios and attract blockchain innovation. Similar proposals are being considered in other states.