#ArizonaBTCReserve Arizona is poised to become the first U.S. state to establish a Bitcoin reserve. On April 28, 2025, the state legislature passed Senate Bills 1025 and 1373, permitting up to 10% of Arizona's $31.5 billion treasury and pension funds to be invested in Bitcoin and other digital assets. These bills now await Governor Katie Hobbs' signature to become law.
This legislative move aligns with the broader trend of institutional adoption of cryptocurrencies. Bitcoin (BTC) is currently trading at $94,908, reflecting a 0.12% increase over the past 24 hours. Analysts suggest that if BTC closes above the $95,000 resistance level, it could target $97,000 in the near term.
Arizona's initiative may set a precedent for other states considering similar crypto reserve strategie.
