#ArizonaBTCReserve Arizona is making significant strides in cryptocurrency adoption, particularly with Bitcoin. The state has passed two pivotal bills, Senate Bill 1025 and Senate Bill 1373, which aim to create a strategic Bitcoin reserve and allow the state to invest up to 10% of its public funds in digital assets.

*Key Points about Arizona's Bitcoin Reserve:*

- *Strategic Bitcoin Reserve Act*: Senate Bill 1025 proposes the creation of a strategic Bitcoin reserve, positioning Arizona as a leader in state-level cryptocurrency investment.

- *Investment Allocation*: The bill allows Arizona to invest up to 10% of its $31.5 billion in public funds into Bitcoin and other digital assets, potentially allocating around $3.14 billion.

- *Digital Assets Strategic Reserve Fund*: The state will establish a fund to manage seized or purchased crypto assets with full transparency and risk protocols.

- *Bipartisan Support*: The bills have received bipartisan backing, increasing the likelihood of Governor Katie Hobbs' signature.

- *Potential Impact*: If fully utilized, Arizona could acquire approximately 31,000 BTC, making it a significant player in the cryptocurrency market ¹ ² ³.

*What's Next:*

The bills now await Governor Katie Hobbs' signature, which could make Arizona the first US state to establish a formal cryptocurrency and Bitcoin reserve strategy ² ⁴.