The New Hampshire House of Representatives passed HB302 on April 15, 2025, allowing the state treasury to invest up to 5% of public funds in digital assets such as Bitcoin, provided these assets meet the standard of "an average market value exceeding $50 billion in the previous year," which currently only Bitcoin satisfies. The bill was subsequently approved by the Senate Tax and Finance Committee on April 24 with a 4:1 vote and submitted to the state Senate for final approval. If passed, it still requires the signature of Governor Kelly Ayotte to take effect. The latest information shows that the governor officially signed the bill into law on May 7.

Core content and implementation details of the bill

Investment limit: The initial proposal suggested investing 10% of state public funds in Bitcoin, which was ultimately adjusted to 5%. Based on the state's $3.6 billion in public funds, this could allocate approximately $181 million at most.

Bold prediction: If all U.S. states gradually pass this, it could bring an incremental market close to $30 billion.