#ArizonaBTCReserve

Key Highlights

SB1025:

SB1373:

If fully implemented, Arizona could invest approximately $3.14 billion into digital assets, potentially acquiring around 31,000 BTC at current market prices.

Current Status

Both bills are awaiting the signature of Governor Katie Hobbs. Previously, Governor Hobbs had indicated a willingness to veto all legislation until a bipartisan budget addressing healthcare for Arizonans with disabilities was passed. However, following a budget agreement on April 24, the path is now clearer for potential approval of the Bitcoin reserve bills.

Broader Implications

Arizona's initiative reflects a growing trend among U.S. states to explore the integration of digital assets into public finance. Similar legislative efforts are underway in states like Texas, Florida, and New Hampshire. At the federal level, discussions about establishing a national crypto