#ArizonaBTCReserve

In April 2025, Arizona became the first state in the U.S. to pass legislation to establish a strategic Bitcoin reserve, allowing up to 10% of public funds, including those managed by the state treasurer and retirement systems, to be invested in Bitcoin and other digital assets. The measure also establishes a fund to store seized digital assets and future allocations, with on-chain audits and risk controls. The goal is to diversify state reserves and position Arizona as a leader in the adoption of emerging financial technologies. However, Governor Katie Hobbs has expressed her intention to veto any legislation that does not have bipartisan agreements on funding for social programs, which could delay implementation. If carried out, the Bitcoin reserve could reach around 31,000 BTC, making Arizona one of the largest institutional holders of Bitcoin in the U.S. This trend is mirrored in other states like Texas and Utah, which are pushing similar initiatives.