#ArizonaBTCReserve

Arizona has passed Senate Bills 1025 and 1373, positioning itself as the first U.S. state to establish a Strategic Bitcoin Reserve. SB 1025 allows the state treasury and retirement system to invest up to 10% of public funds, potentially $3.14 billion, in Bitcoin and other digital assets. SB 1373 creates a Digital Assets Strategic Reserve Fund to manage seized cryptocurrencies, with provisions for lending assets while minimizing risk. Awaiting Governor Katie Hobbs' signature, these bills could set a national precedent, reflecting Arizona's innovative approach to integrating digital currencies into public finance, despite concerns over market volatility.