#ArizonaBTCReserve Arizona is set to become the first U.S. state to invest public funds in Bitcoin. The Arizona Senate passed the Strategic Bitcoin Reserve Act (SB1025) on February 27, 2025, allowing the state treasurer and retirement systems to allocate up to 10% of public monies into virtual currencies like Bitcoin.
The bill includes provisions for secure storage and permits depositing assets into a federal reserve if established. This move aligns with a national trend, as over 20 states consider similar legislation. The bill now awaits approval from the Arizona House and Governor Katie Hobbs.