#ArizonaBTCReserve

On Monday, April 28, 2025, the Arizona Legislative Council passed two bills, SB 1025 and SB 1373, related to the establishment of a strategic Bitcoin reserve. Below is a breakdown of what this entails: * First American State: If signed into law by Governor Katie Hobbes, Arizona will become the first American state to officially hold Bitcoin in its treasury. * Strategic Bitcoin Reserve Act: SB 1025, also known as the Strategic Bitcoin Reserve Act, will allow the state to allocate up to 10% of investment funds for investment and rainy day funds into Bitcoin.