The concept of an "Arizona Bitcoin Reserve" remains a proposal rather than an established reality. It envisions the state of Arizona holding Bitcoin as part of its official assets. Supporters believe this could serve as a hedge against inflation, diversify the state’s portfolio, and strengthen Arizona’s reputation as a technology-forward state. However, the initiative faces legal hurdles and concerns over Bitcoin’s price volatility. While creating a full reserve is complex, Arizona has shown ongoing interest in cryptocurrency legislation, reflecting a broader trend of digital asset discussions in state policymaking across the U.S.
Recent Update: On April 28, 2025, the Arizona legislature passed two bills enabling the creation of a Bitcoin reserve and allowing up to 10% of public funds to be invested in Bitcoin. These bills are now awaiting the governor’s signature. If approved, Arizona would become the first U.S. state to officially include Bitcoin in its treasury holdings.
