#ArizonaBTCReserve

Arizona is poised to become the first U.S. state to establish a Strategic Bitcoin Reserve, a significant move in cryptocurrency adoption. The Arizona Strategic Bitcoin Reserve Act (SB1025) has passed both the House and Senate, allowing the state treasurer and retirement systems to invest up to 10% of public funds in Bitcoin and other digital assets. This legislation aims to diversify Arizona's financial portfolio and hedge against inflation. If enacted, the state could purchase approximately 15,510 BTC, assuming a Bitcoin price of $100,000. The bill's approval reflects a growing trend among states exploring digital asset investments