Under the sweeping tide of global digitalization, the strategic value of Bitcoin is becoming increasingly prominent, and a wave of Bitcoin reserves is surging forward. Currently, 26 states around the world have followed up with legislation, actively participating in this new revolution in the cryptocurrency field.
In the United States, Arizona has taken the lead, becoming the vanguard of promoting Bitcoin reserve legislation. On April 29, two Arizona Strategic Bitcoin Reserve Bills successfully passed the final vote in the House and are now awaiting the signature of Democratic Governor Katie Hobbs. Once signed, Arizona will become the first state in the U.S. to require public funds to invest in Bitcoin. Among them, Bill SB 1373 proposes the establishment of a digital asset strategic reserve fund managed by the state treasurer, allowing up to 10% of funds to be invested in Bitcoin and other digital assets each fiscal year; Bill SB 1025 allows the state treasury and pension system to invest up to 10% of available funds in virtual currencies, with a focus on Bitcoin. This series of measures undoubtedly demonstrates Arizona's firm confidence in the future potential of cryptocurrency.
Texas also does not want to be outdone, showing strong determination and action in Bitcoin reserve legislation. The Senate has successfully passed the Strategic Bitcoin Reserve Bill (SB - 21), allowing the use of public funds to purchase Bitcoin and other high-market-cap cryptocurrencies, with a target holding scale as high as $500 billion, and plans to generously allocate $250 million from the economic stabilization fund. Additionally, the House has proposed HB 4258, which further authorizes local governments to invest in cryptocurrencies, fully demonstrating the comprehensiveness and forward-looking nature of its legislative framework. Currently, this bill has been submitted to the state's government efficiency delivery committee, and if it successfully passes both houses of the state legislature, it will officially take effect on September 1 of this year. It is worth mentioning that as early as 2021, the Texas legislative council established the 'Texas Task Force' to focus on blockchain development, attracting a large number of Bitcoin mining companies with its abundant and low-cost energy advantages, laying a solid foundation for the current Bitcoin reserve legislation.
Alabama is also actively participating in this wave of Bitcoin reserves. Republican Senator April Weaver submitted Senate Bill No. 283 (SB 283) at the beginning of April, in conjunction with House Bill No. 482 (HB 482) proposed since March 2025. The content of these two bills is consistent; by setting a threshold of 'market capitalization of $750 billion' (currently only Bitcoin meets this), they cleverly indirectly lock in Bitcoin as a reserve asset. If the bill is successfully passed, it will officially take effect on October 1, 2025. Once effective, the bill will allow the state investment council to allocate public funds to Bitcoin, also gladly accepting BTC as a payment method for taxes and government transactions, and amending 12 existing laws, including tax codes, retirement plans, and investment regulations, to achieve effective integration of cryptocurrency.
In addition to the aforementioned states, many others like Minnesota, Ohio, and Florida have also put forward their own Bitcoin reserve proposals. Under the sweeping tide of global digitalization, the strategic value of Bitcoin is becoming increasingly prominent, and a wave of Bitcoin reserves is surging forward. Currently, 26 states around the world have followed up with legislation, actively participating in this new revolution in the cryptocurrency field.
In the United States, Arizona has taken the lead, becoming the vanguard of promoting Bitcoin reserve legislation. On April 29, two Arizona Strategic Bitcoin Reserve Bills successfully passed the final vote in the House and are now awaiting the signature of Democratic Governor Katie Hobbs. Once signed, Arizona will become the first state in the U.S. to require public funds to invest in Bitcoin. Among them, Bill SB 1373 proposes the establishment of a digital asset strategic reserve fund managed by the state treasurer, allowing up to 10% of funds to be invested in Bitcoin and other digital assets each fiscal year; Bill SB 1025 allows the state treasury and pension system to invest up to 10% of available funds in virtual currencies, with a focus on Bitcoin. This series of measures undoubtedly demonstrates Arizona's firm confidence in the future potential of cryptocurrency.
Texas also does not want to be outdone, showing strong determination and action in Bitcoin reserve legislation. The Senate has successfully passed the Strategic Bitcoin Reserve Bill (SB - 21), allowing the use of public funds to purchase Bitcoin and other high-market-cap cryptocurrencies, with a target holding scale as high as $500 billion, and plans to generously allocate $250 million from the economic stabilization fund. Additionally, the House has proposed HB 4258, which further authorizes local governments to invest in cryptocurrencies, fully demonstrating the comprehensiveness and forward-looking nature of its legislative framework. Currently, this bill has been submitted to the state's government efficiency delivery committee, and if it successfully passes both houses of the state legislature, it will officially take effect on September 1 of this year. It is worth mentioning that as early as 2021, the Texas legislative council established the 'Texas Task Force' to focus on blockchain development, attracting a large number of Bitcoin mining companies with its abundant and low-cost energy advantages, laying a solid foundation for the current Bitcoin reserve legislation.
Alabama is also actively participating in this wave of Bitcoin reserves. Republican Senator April Weaver submitted Senate Bill No. 283 (SB 283) at the beginning of April, in conjunction with House Bill No. 482 (HB 482) proposed since March 2025. The content of these two bills is consistent; by setting a threshold of 'market capitalization of $750 billion' (currently only Bitcoin meets this), they cleverly indirectly lock in Bitcoin as a reserve asset. If the bill is successfully passed, it will officially take effect on October 1, 2025. Once effective, the bill will allow the state investment council to allocate public funds to Bitcoin, also gladly accepting BTC as a payment method for taxes and government transactions, and amending 12 existing laws, including tax codes, retirement plans, and investment regulations, to achieve effective integration of cryptocurrency.
In addition to the aforementioned states, many others like Minnesota, Ohio, and Florida have also put forward their own Bitcoin reserve proposals. Ohio's Bitcoin reserve bill SB 57 was proposed by Senator Sandra O'Brien on January 28, 2025. This bill authorizes the state treasury to directly invest in Bitcoin, stipulates a holding period of at least five years, and requires state agencies to accept cryptocurrency payments, while also allowing state residents, institutions, and universities to donate Bitcoin to the reserve fund. Florida's HB 487 bill was proposed in February 2025, allowing the state chief financial officer and the state administration committee to invest up to 10% of public funds, including general revenue funds and budget stabilization funds, in Bitcoin.
