#ArizonaBTCReserve Arizona has taken a significant step towards establishing a Bitcoin reserve, with lawmakers passing two bills, SB1025 and SB1373, that would allow the state to invest up to 10% of its $31.5 billion in public funds in digital assets like Bitcoin. This move could make Arizona the first US state to formally hold Bitcoin in its treasury.

*Key Details:*

- *Investment Limit*: Up to 10% of Arizona's public funds, approximately $3.14 billion, can be invested in Bitcoin and other digital assets.

- *Digital Assets Strategic Reserve Fund*: Established to hold seized crypto assets and future appropriations, with mandates for on-chain auditability and standardized risk controls.

- *Potential Impact*: If fully deployed, Arizona's Bitcoin reserve would acquire around 31,000 BTC, making it the second-largest institutional Bitcoin holder among US public entities.

- *Next Steps*: The bills now await Governor Katie Hobbs' signature to become law ¹ ².