#ArizonaBTCReserve

🏛️ Legislative Initiative

On April 28, 2025, Arizona legislators approved two key bills:

• SB1025: “Arizona Strategic Bitcoin Reserve Act” allows the state treasurer and pension funds to invest up to 10% of state assets in bitcoin. 

• SB1373: Creates a “Digital Assets Strategic Reserve Fund” to manage cryptocurrencies, including bitcoin and NFTs, using confiscated digital assets and future budget allocations. 

These bills were passed with a majority vote and are currently awaiting the signature of Governor Katie Hobbs.

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💰 Potential Impact

• Investment Volume: Arizona manages assets worth over $31.5 billion. According to SB1025, up to $3.14 billion may be invested in bitcoin and other digital assets. 

• Transparency and Risk Control: The reserve fund includes blockchain auditing and standardized risk management mechanisms.

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🧭 Political Situation

Governor Hobbs has previously stated her intention to veto all bills until budgetary issues related to funding for people with disabilities are resolved. However, after reaching an agreement on April 24, she has not yet expressed her position on SB1025 and SB1373.