#ArizonaBTCReserve Arizona has taken significant steps toward establishing a state-level Bitcoin reserve, with two key bills, SB 1025 (Arizona Strategic Bitcoin Reserve Act) and SB 1373 (Strategic Digital Assets Reserve Bill), passing the state legislature on April 29, 2025. These bills are now awaiting Governor Katie Hobbs' signature to become law. If signed, Arizona would be the first U.S. state to formally hold Bitcoin and other digital assets in its treasury, potentially setting a precedent for other states.

Key Details:

SB 1025:

Allows the state treasurer and retirement systems to invest up to 10% of public funds in virtual currencies, primarily Bitcoin.

Includes provisions for secure storage, such as segregated accounts, and potential integration with a federal Strategic Bitcoin Reserve if established.

Co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger.

Passed the Arizona House of Representatives on April 29, 2025, after clearing the Senate earlier in the year (17-11 vote on February 27, 2025).





SB 1373:

Establishes a Digital Assets Strategic Reserve Fund managed by the state treasurer, funded by digital assets seized through criminal proceedings and legislative appropriations.

Limits investments to 10% of the fund’s total value per fiscal year and allows the treasurer to loan digital assets to generate returns, provided it doesn’t increase financial risk.

Sponsored by Senator Mark Finchem.

Passed the House with a 37-19 vote on April 29, 2025, following Senate approval (17-12 vote on February 27, 2025).





Financial Impact:

Arizona’s state treasury manages over $31.4 billion in assets (as of 2023). A 10% allocation under SB 1025 could allow up to $3.14 billion to be invested in digital assets, potentially acquiring around 31,000 BTC at current prices (Bitcoin traded near $95,000 on April 29, 2025).



The state’s retirement system oversees $50 billion, which could further amplify Bitcoin investments if allocated.