$BTC Governor of New Hampshire approves bill for investment in cryptocurrencies

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According to Cointelegraph, the governor of New Hampshire, Chris Sununu, signed a bill that becomes law allowing the State Treasurer to invest in cryptocurrencies, including Bitcoin. This was announced on May 6, when Sununu shared the news on social media, noting that the state will now be able to invest in both cryptocurrencies and precious metals. This legislative measure comes after the approval of House Bill 302 by the State Senate and House, which was initially introduced in January.

House Bill 302 allows the New Hampshire Treasury to allocate funds to invest in cryptocurrencies that have a market value exceeding 500 billion dollars. This condition effectively excludes many smaller tokens and meme coins from the state's investment portfolio. The signing of this law makes New Hampshire the first U.S. state to adopt legislation aimed at establishing a strategic reserve of Bitcoin, a measure that may influence other states considering similar initiatives.