#ArizonaBTCReserve

Arizona is close to becoming the first U.S. state to establish a Bitcoin reserve. Two bills—SB 1025 and SB 1373—have passed the state legislature:

SB 1025 allows up to 10% of Arizona’s $31.5 billion in public funds (including treasury and pension assets) to be invested in Bitcoin and other digital assets.

If enacted, the state could invest about $3.14 billion, potentially acquiring around 31,000 BTC at current prices.

Supporters say it's a bold move toward financial innovation and a hedge against inflation.

Critics warn about the risks and volatility of crypto investments.

The bills are now awaiting Governor Katie Hobbs’ decision to become law.