#ArizonaBTCReserve Arizona is on the verge of making history as the first U.S. state to formally establish a Bitcoin reserve. On April 28, 2025, the Arizona House of Representatives passed Senate Bills 1025 and 1373, which authorize the state treasurer to invest up to 10% of Arizona’s $31.5 billion in public funds—including treasury and pension assets—into digital assets such as Bitcoin and NFTs.

The legislation also creates a Digital Assets Strategic Reserve Fund, designed to hold both seized crypto assets and future appropriations. This fund mandates on-chain auditability and strict risk controls to ensure transparency and security.

If fully implemented, Arizona could allocate approximately $3.14 billion into digital assets, potentially acquiring around 31,000 BTC, based on current market prices. This move would position Arizona as a leader in state-level crypto adoption, ahead of similar efforts in states like Texas, Florida, and New Hampshire.

The bills now await the signature of Governor Katie Hobbs. While she has not publicly stated her position on the crypto legislation, her recent veto threats over unrelated budget issues have introduced some uncertainty.

If signed into law, Arizona would become the first U.S. state to integrate Bitcoin into its public treasury, potentially setting a precedent for other states and influencing national discussions on digital asset reserves.