#ArizonaBTCReserve Latest events in Arizona regarding the potential "Bitcoin Reserve" are quite significant. Here is a summary of what is happening as of today, April 29, 2025:

Key Events:

* Arizona Legislature Passed Bills: The Arizona House of Representatives passed two bills related to the establishment of a Bitcoin reserve: Senate Bill 1025 and Senate Bill 1373.

* Senate Bill 1025: This bill allows the state treasurer and pension system to invest up to 10% of available funds in digital assets, particularly Bitcoin.

* Senate Bill 1373: This bill establishes the Strategic Digital Asset Reserve Fund, which will be managed by the state treasurer. This fund will consist of confiscated digital assets and future proceeds. It also allows the treasurer to borrow digital assets from the fund under certain risk management conditions.