New Hampshire has become the first U.S. state to establish a cryptocurrency reserve, following the enactment of House Bill 302 (HB 302). Signed into law by Governor Kelly Ayotte, the legislation permits the state treasurer to allocate up to 5% of public funds into digital assets and precious metals. To qualify, digital assets must have maintained an average market capitalization exceeding $500 billion over the past year—a criterion currently met only by Bitcoin.
The assets will be securely stored through qualified custodians or exchange-traded products, ensuring compliance with regulatory standards. This move positions New Hampshire at the forefront of integrating cryptocurrency into state financial strategies.
The initiative reflects a broader trend, with states like Utah, Texas, Arizona, and Oklahoma exploring similar legislation. At the federal level, President Donald Trump has announced plans for a U.S. Strategic Bitcoin Reserve, utilizing existing government-held Bitcoin assets.
As of today, Bitcoin is trading at approximately $96,926, experiencing a 2.89% increase.