#ArizonaBTCReserve Both bills await Governor Katie Hobbs’ signature. Hobbs recently lifted a veto threat after a bipartisan deal on disability funding was reached on April 24, 2025, but she has not yet indicated her stance on these bills. If signed, Arizona would be the first U.S. state to establish a Bitcoin reserve, potentially holding up to $3.14 billion in digital assets (about 31,000 BTC at $100,000 per BTC). A veto could halt the process, requiring a legislative override. Bitcoin’s price is currently near $95,000, up 25% from early April, reflecting renewed institutional interest. Other states like Texas, Utah, and Oklahoma are also advancing similar legislation, but Arizona leads the race.
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