#ArizonaBTCReserve Arizona has made significant progress in establishing a Bitcoin reserve, with the state legislature passing two bills, SB1025 and SB1373, that would allow the state to invest up to 10% of its $31.5 billion in public funds into digital assets like Bitcoin. This move aims to diversify Arizona's assets and potentially generate revenue.

*Key Details:*

- *Investment Limit*: Up to 10% of Arizona's $31.5 billion in public funds, equivalent to $3.14 billion, can be invested in digital assets.

- *Digital Assets Strategic Reserve Fund*: The fund will manage seized or purchased crypto assets with full transparency and risk protocols.

- *Potential Bitcoin Holdings*: If fully utilized, Arizona could acquire approximately 31,000 BTC, making it a significant player in the crypto market ¹ ².

*What's Next:*

The bills now await Governor Katie Hobbs' signature to become law. While she had previously threatened to veto legislation due to disability funding