📍 New Hampshire Legalizes Bitcoin Reserves
📌 The state of New Hampshire has passed a law allowing a maximum investment of 5% of public funds into Bitcoin and precious metals. This marks the first time a state in the U.S. has officially legalized the holding of Bitcoin.
📌 Bill HB 302 was signed by Governor Kelly Ayotte on May 6, 2025, allowing the state treasury to invest in digital assets with a market capitalization over $500 billion, currently only Bitcoin meets this criterion.
📌 The New Hampshire treasury currently holds over $3.62 billion. With a 5% limit, the state could invest approximately $181 million into Bitcoin, equivalent to about 1,194 BTC at current prices.
📌 This move is seen as a strategic step to protect public assets against inflation and to diversify the state’s investment portfolio.
📌 New Hampshire has surpassed other states such as Arizona, Florida, and Montana in establishing a Bitcoin reserve fund, becoming a model for other states in the U.S.
