#ArizonaBTCReserve Arizona has taken a significant step towards establishing a state-level Bitcoin reserve. On Monday, April 28, 2025, the Arizona House of Representatives approved two Senate bills, SB 1025 and SB 1373, which aim to create a framework for the state to invest in digital assets, including Bitcoin. These bills are now awaiting the signature of Governor Katie Hobbs to become law.

Here's a breakdown of the key aspects of these bills:

* Senate Bill 1025 (Arizona Strategic Bitcoin Reserve Act): This bill specifically focuses on Bitcoin and proposes allowing the state treasurer to invest up to 10% of state-managed assets, including treasury and pension funds, in Bitcoin.

* Senate Bill 1373 (Strategic Digital Assets Reserve Bill): This bill is broader and aims to establish a Digital Assets Strategic Reserve Fund. This fund would be capitalized using seized crypto assets and future legislative appropriations. It would allow the state treasurer to invest in various digital assets, including Bitcoin, stablecoins, and NFTs, up to 10% of the fund's total value annually. This bill also permits the treasurer to lend digital assets to generate additional yield, provided it doesn't increase financial risks.