Arizona is on the verge of becoming the first U.S. state to establish a Bitcoin reserve, following the passage of Senate Bills 1025 and 1373. These bills authorize the state to invest up to 10% of its $31.5 billion public funds into digital assets, including Bitcoin, through the creation of a Digital Assets Strategic Reserve Fund. The fund will manage seized and appropriated crypto assets with strict on-chain auditability and risk controls. While the legislation awaits Governor Katie Hobbs' signature, this move positions Arizona as a leader in integrating cryptocurrency into state financial strategies, potentially influencing broader adoption nationwide.
