#ArizonaBTCReserve Arizona has made significant strides in establishing a Bitcoin reserve. The state's legislature has passed two bills, SB1025 and SB1373, which would allow Arizona to invest up to 10% of its $31.5 billion public funds in Bitcoin and other digital assets. This move aims to create a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations, with a focus on transparency and risk management ¹ ².

*Key Details:*

- *Bill Status*: SB1025 and SB1373 have passed the legislature and await Governor Katie Hobbs' signature.

- *Investment Allocation*: Up to 10% of Arizona's public funds, approximately $3.15 billion, could be invested in Bitcoin and other digital assets.

- *Digital Assets Strategic Reserve Fund*: This fund will manage seized crypto assets and future appropriations, prioritizing transparency and risk controls.

*Potential Impact:*

- *National Precedent*: Arizona could become the first US state to formally hold Bitcoin in its treasury, setting a precedent for other states.

- *Growing Demand*: Industry experts predict that if multiple state reserve bills pass nationwide, they could drive over $23 billion in new demand for Bitcoin ³.

Would you like to know more about the potential implications of Arizona's Bitcoin reserve or similar initiatives in other states