#ArizonaBTCReserve Arizona has recently taken a significant step towards integrating Bitcoin into its public finance framework with the passage of two bills by the state legislature. These bills pave the way for the establishment of a state-managed cryptocurrency reserve.

Here's a breakdown of the key aspects:

* Bill Passage: The Arizona House of Representatives approved Senate Bill 1025 and Senate Bill 1373 on Monday, April 28, 2025.

* Strategic Bitcoin Reserve: Senate Bill 1025 specifically amends state statutes to allow for a strategic Bitcoin reserve.

* Digital Assets Strategic Reserve Fund: Senate Bill 1373 establishes a broader Digital Assets Strategic Reserve Fund, which can include Bitcoin, other digital assets, stablecoins, and NFTs. This fund can be capitalized through legislative appropriations and seized crypto assets.

* Investment Limit: The legislation permits the state treasurer to invest up to 10% of state-managed assets in digital currencies. This could potentially amount to around $3.14 billion based on current state asset values.

* Fiduciary Responsibility: The bills mandate that all investments must adhere to standard fiduciary risk management protocols to protect public funds from volatility and custodial risks.