#ArizonaBTCReserve Arizona is on the verge of making history as the first U.S. state to establish a strategic Bitcoin reserve. On April 28, 2025, the Arizona House of Representatives passed Senate Bills 1025 and 1373, authorizing the state treasurer to invest up to 10% of Arizona’s $31.5 billion public funds into digital assets, primarily Bitcoin .

SB1025, known as the "Arizona Strategic Bitcoin Reserve Act," allows for the allocation of state treasury and retirement system funds into cryptocurrencies. SB1373 complements this by establishing a Digital Assets Strategic Reserve Fund, which would manage seized crypto assets and future appropriations, ensuring on-chain auditability and standardized risk controls .

These legislative moves position Arizona at the forefront of state-level crypto adoption, reflecting a growing trend among U.S. states exploring digital asset reserves to diversify public portfolios and attract blockchain innovation .

The bills now await Governor Katie Hobbs' signature. While she previously threatened to veto all legislation until a bipartisan funding solution for healthcare was reached, a recent agreement may influence her decision on these crypto initiatives .

If signed into law, Arizona could allocate approximately $3.14 billion into digital assets, potentially acquiring around 31,000 BTC at current market prices . This move would not only diversify the state's financial assets but also signal a significant shift towards embracing the digital economy.

Stay tuned as Arizona's bold step could pave the way for broader acceptance and integration of cryptocurrencies in public finance.