#ArizonaBTCReserve Arizona is poised to make history as potentially the first U.S. state to hold Bitcoin in its treasury. Two groundbreaking bills—SB 1025 and SB 1373—recently passed the state House and now await Governor Katie Hobbs' signature.

If approved, these measures would allow Arizona to invest up to 10% of its $31.4 billion treasury in cryptocurrency—approximately $3.14 billion worth. This could translate to around 31,000 BTC at current prices.

The legislation establishes frameworks for secure storage and even potential revenue generation through digital asset loans. Arizona's move reflects a growing national trend, with 15-18 other states pursuing similar initiatives.

Despite strong legislative support, Governor Hobbs' approval remains uncertain. Known for her high veto rate (22% in 2024), she recently lifted a blanket veto threat following a bipartisan budget agreement.

Bitcoin markets responded positively to the news, with prices approaching $95,000 following the House approval.