Key Features of the Law**

1. **Investment Ratio**: The law specifies an investment of up to **5%** of the state's total public funds in Bitcoin and precious metals.

- This includes funds such as the **General Fund** ($2.1 billion) and the **Hardship Fund** ($306 million), allowing for a total estimated investment of **$120 million** currently.

### **Direct and Potential Impacts**

- **Bitcoin Price Surge**: The price jumped from ~$94,000 to $97,000 after the announcement, with

### **Challenges and Future Insights**

- **Limited Financial Size**: Although a $120 million investment is not relatively large (compared to the state's budget of $7.6 billion), its symbolic value as a precedent outweighs its physical size.

- **Federal Regulation**: Legislative efforts at the federal level (such as the national BITCOIN bill) still face complexities, especially with disagreements over currency regulation.

**Conclusion**: New Hampshire's decision is not merely a technical step but a **cultural shift** in dealing with digital assets. While data shows that the direct financial impact is limited, the real legacy lies in opening the door to a **new era** of blockchain-based financial innovation, where states compete to attract fintech investments. 🚀