#ArizonaBTCReserve

Arizona is making headlines as it moves to become the first U.S. state to establish a Bitcoin reserve. The state legislature recently passed two landmark bills—Senate Bill 1025 and Senate Bill 1373—which together authorize the investment of up to 10% of Arizona’s $31.5 billion in public funds into digital assets like Bitcoin. Senate Bill 1025, called the Arizona Strategic Bitcoin Reserve Act, focuses specifically on Bitcoin, while Senate Bill 1373 creates a broader Digital Assets Strategic Reserve Fund, designed to handle seized cryptocurrencies and future investments. The fund aims to bring transparency through on-chain audits and set risk management standards. If fully enacted, Arizona could purchase around 31,000 BTC, based on current prices. This bold move positions Arizona as a leader in integrating crypto into public finance, potentially inspiring other states to explore similar strategies. Now, all eyes are on Governor Katie Hobbs, whose signature will determine if Arizona officially enters the digital asset era.

#ArizonaBTCReserve