Bitcoin is finally expected to officially enter the strategic reserve system of the United States!

Last night, the first case in U.S. history of Bitcoin entering state-level strategic reserves was born in Arizona 🥳 The state's legislative body passed the Senate bill with a significant vote of 37:19, marking a milestone progress for Bitcoin's official status 🚀

But we cannot be too optimistic yet, as this bill still needs the governor's signature to take effect 🤯 If the bill is enacted, according to regulations, up to 10% of Arizona's public revenue can be invested in Bitcoin and other cryptocurrencies. Based on last year's state financial report of $31.7 billion, this would mean an additional $3.17 billion entering the crypto market 💰

If the bill passes, Arizona will become the first state in the U.S. to include Bitcoin in its official reserves, potentially triggering imitation by other states and creating a chain reaction.

The fate of the retail investors is in the hands of the governor 👊