#ArizonaBTCReserve

Arizona has passed the Strategic Bitcoin Reserve Act, which authorizes the state Treasury and pension funds to allocate up to 10% of available funds into Bitcoin and other digital assets. If signed into law, Arizona would become the first U.S. state to legally invest public funds into Bitcoin. The legislation passed with a vote of 31 ayes, 25 nays, and 4 not voting, allowing investment from a $31.5 billion pool of public funds. This move could set a precedent for other states to follow in adopting Bitcoin as part of their financial strategy.