Arizona Makes History By Approving U.S. Bitcoin Reserve

Stringent Requirements

U.S. lawmakers have approved Senate Bills 1025 and 1373, allowing up to 10% of state-managed assets, including treasury and pension funds, to be invested in digital assets like Bitcoin and NFTs.

Source: Azleg.gov

The bills, now awaiting Governor Katie Hobbs’ signature, also establish a Digital Assets Strategic Reserve Fund to manage seized crypto and future appropriations, with strict requirements for transparency and risk controls.

$3.14B Allocation

If enacted, Arizona could allocate as much as $3.14 billion of its $31.4 billion in public assets to digital currencies. At current prices, that could mean acquiring around 31,000 BTC, positioning the state ahead of corporate holders like Tesla.

Governor Hobbs has not yet indicated her stance on the bills. A signature would initiate the investment process, while a veto could pause all related allocations.