New Hampshire, USA has made history as Governor Sununu signed HB302, the first state law in the nation to recognize cryptocurrency as a strategic reserve.

This also represents that the New Hampshire Treasurer will invest up to 5% of state government funds into precious metals and cryptocurrencies with a market capitalization of at least $50 billion. With New Hampshire's total budget at $15.4 billion, 5% is approximately $770 million, and based on the general fund of $5.6 billion, 5% is about $280 million. Therefore, the potential investment amount ranges from $280 million to $770 million.

While it is not explicitly stated that this investment is in $BTC, the only cryptocurrency with a market cap over $50 billion is currently Bitcoin, as even the second-ranked $ETH is only about $214 billion, while BTC stands at $1.88 trillion.

This is a historic moment and undoubtedly an epic positive development. New Hampshire's passage signifies that the United States has truly entered the realm of regulatory investment in cryptocurrency, and it foreshadows that more states will adopt BTC or other cryptocurrencies as strategic investments.

Perhaps the current price does not reflect this positive news, but in the long run, this epic development will inevitably change the weight of BTC in the minds of investors.