#ArizonaBTCReserve Arizona’s total public assets under management are substantial. As of 2023, the Arizona State Treasury oversaw more than $31.4 billion in assets, according to official data.
A 10% allocation, as permitted under Senate Bill 1025, would authorize up to $3.14 billion to be invested in digital assets, including Bitcoin and NFTs.
The legislation identifies Bitcoin and select "non-fungible blockchain-based assets" as eligible investments, emphasizing the need for high-liquidity, high-security instruments.
The bills further mandate that investments must comply with standard fiduciary risk management protocols, ensuring that public funds remain protected against volatility and custodial risks.
If fully deployed, a $3.14 billion Bitcoin reserve would acquire about 31,000 BTC. This would immediately make Arizona the second-largest institutional Bitcoin holder among U.S. public entities, exceeding the holdings of major corporate holders like Tesla and Marathon Digital, the largest Bitcoin mining firm.
Looking ahead, this development could set a precedent for other states and sovereign governments outside the US seeking modern means to bolster public reserves
