Arizona is poised to become the first U.S. state to establish a Bitcoin reserve. On April 28, 2025, the state legislature approved Senate Bill 1025 and Senate Bill 1373, allowing up to 10% of Arizona’s $31.5 billion in public funds—including treasury and retirement assets—to be invested in Bitcoin and other digital assets . The legislation, co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, aims to diversify state holdings and position Arizona at the forefront of cryptocurrency adoption . The bills now await the governor’s decision, which will determine if Arizona officially leads in integrating digital assets into state reserves .
