#ArizonaBTCReserve Arizona became the first state in the nation to pass legislation creating a Strategic Bitcoin Reserve after both chambers of the legislature approved the measure in votes that broke largely along party lines on April 28.

The legislation, sponsored by Republican Senator Wendy Rogers, authorizes the state treasury to invest a portion of public funds in Bitcoin (BTC).

According to details shared by Satoshi Action Fund CEO Dennis Porter, no members were excused or absent during either vote. The bill passed the House 29-25 and the Senate 31-25, with four lawmakers not voting in the Senate.