#ArizonaBTCReserve

In a historic step, Arizona has become the first U.S. state to pass legislation to create a strategic reserve of Bitcoin, paving the way for investing up to 10% of its public assets in digital currencies.

Legislation details

• Bill SB1025: Known as the "Arizona Strategic Bitcoin Reserve Act," it allows the state treasurer and the state pension system to invest up to 10% of public funds in digital currencies, with a particular focus on Bitcoin.

• Bill SB1373: Establishes the "Strategic Reserve Fund for Digital Assets," which will be managed by the state treasurer. This fund aims to manage seized or purchased digital assets, ensuring transparency by tracking transactions on the blockchain and following strict risk management protocols.

Current situation

Both bills were approved by the Arizona House of Representatives on April 28, 2025, and are now awaiting the signature of Governor Katie. Previously, she threatened to use her veto power against all legislation until a bipartisan funding solution was reached to protect healthcare services for people with disabilities. However, after reaching an agreement on April 24, she may be more willing to consider signing these laws.