#ArizonaBTCReserve In a historic move, Arizona lawmakers have passed a groundbreaking bill allowing the state to invest up to 10% of its $31.5 billion in public assets into digital assets, including BTC ! 🪙
💥 What’s happening?
Senate Bills 1025 & 1373 were approved, clearing the path for a Bitcoin Reserve in the state.
Arizona could soon be the first U.S. state to officially hold Bitcoin in its treasury, paving the way for public BTC adoption in the country.
The law would create a Digital Assets Strategic Reserve Fund, using seized crypto and future appropriations to back this move.
🧐 What does it mean?
10% of Arizona’s state assets could now be allocated to digital currencies like Bitcoin and NFTs.
This could lead to Arizona becoming a major crypto hub in the U.S., potentially driving massive interest and innovation in digital assets.
📝 The bills are awaiting Governor Katie Hobbs' signature to become law. If confirmed, this could set a major precedent for how states approach crypto investments.
🚀 Is this the start of more states following Arizona's lead?