In a significant development on the American financial scene, the legislative council of Arizona approved two bills (SB1025 and SB1373) on April 28, 2025, aimed at creating the first strategic reserve of Bitcoin at the state level in the United States. These laws allow the state to invest up to 10% of its public assets, estimated at around $31.5 billion, in digital assets such as Bitcoin and NFTs, which means an investment potential of up to $3.14 billion in these assets.

If the plan is fully implemented, Arizona's investment in Bitcoin could reach approximately $3.14 billion, making it one of the largest holders of Bitcoin among government entities in the United States. Some analysts believe that such a large institutional investment could drive the price of Bitcoin to $106,000 in the short term, potentially reaching $210,000 by the end of 2025.

In the end, Arizona is on the verge of becoming the first U.S. state to hold Bitcoin in its public reserves. While the initiative awaits the governor's signature, it represents a significant shift in how governments handle digital assets, and it could have wide-ranging implications for the cryptocurrency market and public finance in the United States.