Arizona Pushes to Become First State with a Bitcoin Reserve
Arizona is on track to pass SB 1025, a bill allowing the state to allocate up to 10% of public funds annually into Bitcoin as a hedge against inflation and macroeconomic risks. The legislation has cleared both chambers and now awaits Governor Katie Hobbs’ signature.
While the governor has threatened a blanket veto due to unrelated policy disputes, pressure is mounting from crypto advocates urging swift approval.
Arizona would be the first U.S. state to hold Bitcoin in its treasury.
The move reflects growing institutional trust in BTC as a strategic asset.
If passed, this could set a precedent for other states.
Arizona’s decision may signal a new era of state-level crypto adoption, with Bitcoin viewed not just as a speculative asset, but as a tool for financial sovereignty.