#ArizonaBTCReserve *Legislative Approval*: The Arizona House of Representatives approved two bills, Senate Bill 1025 and Senate Bill 1373, that allow the state to invest up to 10% of its treasury and pension funds in Bitcoin and other digital assets.
- *Investment Allocation*: If it becomes law, Arizona could invest up to $3.14 billion in digital assets, potentially acquiring around 31,000 BTC and becoming the second largest public institutional holder of Bitcoin in the U.S.
- *Strategic Reserve Fund*: The legislation establishes a Strategic Reserve Fund for Digital Assets to hold seized crypto assets and future allocations, with mandates for on-chain auditing and standardized risk controls.
- *Governor's Signature*: The bills now await the signature of Governor Katie Hobbs, which would authorize the allocation process. If enacted, Arizona would become the first U.S. state to formally hold Bitcoin in its treasury.
- *National Implications*: This development could set a precedent for other states and sovereign governments to integrate digital assets into public finance frameworks, potentially driving greater adoption and innovation in the blockchain space.