#ArizonaBTCReserve On April 28, 2025, Arizona took a significant step towards Bitcoin adoption by passing two bills, SB 1025 and SB 1373, which now await Governor Katie Hobbs' final approval. These bills allow the state to invest up to 10% of its public funds in digital assets, including Bitcoin, and establish a "Digital Assets Strategic Reserve Fund."

SB 1025 specifically permits the state treasurer and retirement system to invest up to 10% of available funds in virtual currencies, with a focus on Bitcoin. SB 1373 broadens this to include other digital assets and allows the use of seized crypto assets and future appropriations to fund the reserve. This reserve aims to diversify public assets and position Arizona as a hub for blockchain innovation.

If enacted, Arizona would be the first US state to mandate public funds investment in Bitcoin. The legislation has garnered attention amid a broader movement among states like Texas, Florida, and New Hampshire exploring Bitcoin-backed reserve strategies. Even at the federal level, there have been discussions about establishing a strategic Bitcoin reserve.