Arizona is on track to become the first U.S. state to establish a Strategic Bitcoin Reserve in 2025. The Strategic Bitcoin Reserve Act (SB1025), passed by the Arizona Senate Finance Committee in January, allows the state treasurer and pension systems to invest up to 10% of funds in Bitcoin (BTC). Using rainy-day funds, Arizona could buy 15,510 BTC at $100,000 per coin. Approved by lawmakers, the bill awaits the governor’s signature, despite her April 17 threat to veto unrelated bills. If enacted, this reserve could outpace federal efforts, marking a bold step in public crypto adoption.
Arizona’s Bitcoin reserve might intrigue you as a sign of institutional adoption. The potential to hold 15,510 BTC could signal a bullish move for BTC’s value, which aligns with your interest in price movements.