#ArizonaBTCReserve

Arizona is on the verge of becoming the first U.S. state to establish a Bitcoin reserve. On April 28, 2025, the Arizona House of Representatives passed two significant bills—Senate Bill 1025 (SB1025), known as the "Arizona Strategic Bitcoin Reserve Act," and Senate Bill 1373 (SB1373). These bills authorize the state treasurer and retirement systems to invest up to 10% of public funds in digital assets, primarily Bitcoin.

The legislation also proposes the creation of a Digital Assets Strategic Reserve Fund, which would manage seized crypto assets and future appropriations. This fund aims to enhance transparency through on-chain auditability and standardized risk controls.

Currently, both bills await the signature of Governor Katie Hobbs to become law. If signed, Arizona would set a precedent for other states considering similar measures to integrate digital assets into public financial management.

The passage of these bills has already influenced the cryptocurrency market. Following the news, trading volumes on major exchanges like Binance and Coinbase spiked, with Binance reporting an 18.3% increase in 24-hour BTC/USDT volume, reaching 1.27 million BTC traded.