#ArizonaBTCReserve Legislative Progress: Two key bills, SB 1025 (Arizona Strategic Bitcoin Reserve Act) and SB 1373 (Strategic Digital Assets Reserve Bill), were passed by the Arizona House of Representatives on April 28, 2025, with votes of 31–25 and 37–19, respectively. These bills allow the state to invest up to 10% of public funds, including treasury and pension assets, in Bitcoin and other digital assets. SB 1373 also establishes a Digital Assets Strategic Reserve Fund to manage seized crypto assets and future appropriations, with provisions for on-chain auditability and risk controls.Purpose and Scope: The legislation aims to diversify state assets, hedge against inflation, and prepare Arizona for a blockchain-driven financial future. SB 1025 focuses specifically on Bitcoin, allowing investments by the state treasurer and retirement systems, while SB 1373 includes broader digital assets, such as stablecoins and NFTs, with the treasurer able to lend assets to generate returns without increasing financial risk. If fully implemented, Arizona’s $31.4 billion in public assets could see up to $3.14 billion allocated to digital assets, potentially acquiring 31,000 BTC at current prices ($95,000 per BTC).Current Status: Both bills await the signature of Governor Katie Hobbs. However, Hobbs has a history of vetoing legislation, with a 22% veto rate in 2024, and has threatened to veto bills until a bipartisan budget agreement addressing disability funding is reached. This creates uncertainty, as she has not explicitly signaled her stance on these crypto bills.