#ArizonaBTCReserve

Arizona has taken a historic step towards the adoption of Bitcoin as a strategic reserve. The state's House of Representatives approved two bills, SB 1025 and SB 1373, which allow investing up to 10% of public funds in Bitcoin and other digital assets. This could mean an investment of up to $3.14 billion in Bitcoin, making Arizona one of the largest institutional holders in the U.S.

*Key details of the proposal:*

- *Maximum investment*: Up to 10% of the state's public funds, approximately $3.14 billion.

- *Eligible assets*: Bitcoin and other highly liquid and secure digital assets.

- *Risk management*: Investments must comply with standard fiduciary risk management protocols to protect public funds.

- *Strategic Reserve Fund*: A fund will be established to manage seized crypto assets and future appropriations, with mandates for on-chain audits and standardized risk controls.

If enacted, Arizona would become the first U.S. state to formally hold Bitcoin in its treasury. Governor Katie Hobbs has not yet indicated her position regarding the bills, and her signature is necessary for them to become law.