Arizona’s Bitcoin Reserve Act (SB 1025 and SB 1373) went to a final vote on April 28, 2025 at 11:00 PM MT.

According to the latest information, the two bills have passed the Arizona House Committee of the Whole and are scheduled for a third reading and final vote on the same day.

With this passage, Arizona became the first state in the United States to officially establish a state-level Bitcoin reserve, allowing state finances and retirement systems to invest up to 10% of public funds in Bitcoin and other digital assets.

Trump's new policy order to establish a Bitcoin reserve program only prohibits the sale of the 200,000 confiscated Bitcoins, and will not create sustainable new buying for Bitcoin.

This time, Arizona's Bitcoin Reserve Act will use real money to continue buying Bitcoin.

Let’s take a look at the details of these two bills:

  • SB 1025 (Arizona Strategic Bitcoin Reserve Act): Allows state finances and retirement systems to invest up to 10% of their funds in Bitcoin and supports the storage of Bitcoin in a secure Federal Reserve account (if the Federal Reserve is established). The bill was co-sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger.



  • SB 1373 (Strategic Digital Asset Reserve Act): Proposes the establishment of a digital asset strategic reserve fund managed by the state treasury, including digital assets confiscated through criminal prosecutions and legislative appropriations, with an investment cap of 10% of the total value of the fund each year.


I believe that Arizona’s Bitcoin reserve bill will take the lead in the United States, and then drive the passage of other states and even new federal reserve bills.

The latest federal Bitcoin reserve bill, BITCOIN Act of 2025 (S.954), was introduced by Republican Senator Cynthia Lummis (Wyoming) on ​​March 11, 2025.

Once this new bill is passed, the U.S. Treasury will need to purchase 1 million bitcoins within five years (about 200,000 per year), and the bitcoins must be held for at least 20 years; unless used to repay federal debt, no more than 10% of the reserves may be sold within 20 years (every two years).

The bill has been read twice in the Senate and is still in a very early stage:

The passage of Arizona's Bitcoin Reserve Act will undoubtedly pave the way for the passage of the federal Bitcoin Act.