#ArizonaBTCReserve

Arizona has taken a significant step towards establishing a Bitcoin reserve. Yesterday, April 28, 2025, the state legislature passed two bills, Senate Bill 1025 and Senate Bill 1373, which collectively pave the way for the state to invest up to 10% of its public funds in digital assets, with a strong emphasis on Bitcoin. This move could potentially see Arizona allocate around $3.14 billion into cryptocurrencies, based on their current assets under management.

The legislation also aims to create a "Digital Assets Strategic Reserve Fund," which would manage any seized crypto assets in addition to purchased ones. While the bills have passed the legislature, they now await the signature of Governor Katie Hobbs. Should she approve, Arizona would become the first US state to formally hold Bitcoin in its treasury, potentially setting a precedent for other states. This development has been met with both excitement from crypto proponents, who see it as a validation of Bitcoin's role in public finance, and caution from those concerned about the volatility associated with digital assets. The final decision from Governor Hobbs is keenly anticipated.