Arizona’s legislature has advanced two groundbreaking bills—Senate Bill 1025 (SB1025) and Senate Bill 1373 (SB1373)—that together would authorize the creation of a Strategic Bitcoin Reserve and a Digital Assets Strategic Reserve Fund for the state treasury and public assets . If enacted, these measures would allow Arizona to allocate up to 10% of its roughly $31.5 billion in public funds into Bitcoin and other digital assets, positioning it as the first U.S. state to hold cryptocurrency in its official reserves . Both bills now await Governor Katie Hobbs’ signature, with proponents touting diversification and inflation hedging and critics warning of volatility and fiscal risk .