#ArizonaBTCReserve
The Arizona Bitcoin Reserve refers to two legislative bills, Senate Bill 1025 (Arizona Strategic Bitcoin Reserve Act) and Senate Bill 1373 (Strategic Digital Assets Reserve Bill), passed by the Arizona Legislature on April 28, 2025, aiming to make Arizona the first U.S. state to establish a state-managed Bitcoin and digital asset reserve. Here’s a summary based on available information:
• SB 1025: Allows the state treasurer and retirement systems to invest up to 10% of public funds in Bitcoin and other virtual currencies. It also includes provisions for storing Bitcoin in a secure, segregated account, potentially within a federal Strategic Bitcoin Reserve if established. The bill passed the Arizona House with a 31-25 vote.
The Arizona Bitcoin Reserve refers to two legislative bills, Senate Bill 1025 (Arizona Strategic Bitcoin Reserve Act) and Senate Bill 1373 (Strategic Digital Assets Reserve Bill), passed by the Arizona Legislature on April 28, 2025, aiming to make Arizona the first U.S. state to establish a state-managed Bitcoin and digital asset reserve. Here’s a summary based on available information:
• SB 1025: Allows the state treasurer and retirement systems to invest up to 10% of public funds in Bitcoin and other virtual currencies. It also includes provisions for storing Bitcoin in a secure, segregated account, potentially within a federal Strategic Bitcoin Reserve if established. The bill passed the Arizona House with a 31-25 vote.