Bitcoin sector welcomes major news! On April 28, 2025, Arizona, USA, passed two landmark Bitcoin reserve bills - SB 1025 and SB 1373, becoming the first jurisdiction in the country to officially establish a state-level Bitcoin reserve.
According to the bill's content, SB 1025 allows the state treasury and retirement systems to invest up to 10% of public funds in digital assets like Bitcoin; SB 1373 authorizes the establishment of a state-level digital asset strategic reserve fund, which can allocate 10% of the total fund value for digital asset investment each year.
Previously, the Trump administration passed a federal law prohibiting the sale of 200,000 seized Bitcoins. However, the federal-level measures did not translate into real monetary value, thus failing to create sustained purchasing power. In contrast, Arizona's bill will substantially drive public funds continuously into the Bitcoin market.
More importantly, this legislation is expected to bring about a demonstration effect, promoting related legislative processes at the federal level and in other states across the U.S., and may even spark a FOMO effect globally.
In the long term, as Bitcoin ETFs and various government reserve bills are implemented, Bitcoin holders are likely to shift more from individuals to institutions and governments, the latter of which are often long-term holders. So, the golden age of Bitcoin is coming; are you ready?
