#ArizonaBTCReserve Arizona is on the verge of becoming the first US state to establish a Bitcoin reserve. The state legislature has approved Senate Bills 1025 and 1373, which would allow the state treasurer to invest up to 10% of Arizona's $31.4 billion in managed assets in Bitcoin and other digital assets. This move could make Arizona the second-largest institutional Bitcoin holder in the US, with a potential $3.14 billion investment translating to around 31,000 BTC. The bills aim to diversify public asset portfolios and attract blockchain innovation, but critics raise concerns about Bitcoin's volatility and potential financial risks ¹.