In March 2025, the state of Arizona became one of the first U.S. states to enact legislation to create a "Strategic Reserve of Bitcoin," alongside states like Oklahoma, Utah, and Texas. This reserve aims to diversify the state's financial assets by including Bitcoin as a reserve asset, reflecting a shift in financial policies towards digital currencies in some U.S. states.

Motivations behind the creation of the reserve

Through this step, Arizona seeks to achieve several goals:

Diversifying reserves: Including Bitcoin as a reserve asset can enhance the diversification of the state's financial assets.

Utilizing seized assets: Using Bitcoin seized from illegal activities can provide a means to increase reserves without imposing additional costs on taxpayers.