The "Arizona BTC Reserve" refers to the legislative initiative in the state of Arizona, United States, aimed at establishing a strategic reserve of Bitcoin using public funds.
In more detailed terms:
Objective: The main idea is that the state of Arizona could invest a portion of its available funds in Bitcoin, similar to how governments hold reserves in other currencies or assets like gold.
Legislation: In April 2025, the Arizona legislature passed two bills (SB1025 and SB1373) that would allow the state treasurer and the retirement system to invest up to 10% of available funds in digital assets, specifically Bitcoin.
Implications: If signed by Governor Katie Hobbs, Arizona would become the first state in the U.S. to formally hold Bitcoin in its treasury. The measure is seen as a significant step toward the adoption of Bitcoin in U.S. public finances, potentially setting a precedent for other states.
Reserve Fund: The legislation also establishes a "Strategic Digital Assets Reserve Fund," which would utilize seized cryptocurrency assets and future appropriations.
Federal Context: This state initiative occurs in a context where there are also discussions and even a federal executive order (signed in March 2025) to create a strategic reserve of Bitcoin and a stockpile of digital assets in the United States.
It is important to note that, so far, the Governor of Arizona has not signaled her position on the bills, and her approval is necessary for the Bitcoin reserve to be formally established.
