#ArizonaBTCReserve Arizona's recent passage of Senate Bill 1025 and Senate Bill 1373 could make it the first U.S. state to hold Bitcoin in its treasury, allowing a 10% allocation of its $31.4 billion in state-managed assets for digital currencies like Bitcoin and NFTs. The creation of a Digital Assets Strategic Reserve Fund will facilitate the management of seized crypto assets. As Governor Katie Hobbs considers the bills, their approval could significantly increase Arizona's institutional Bitcoin holdings and set a precedent for other states, while a veto could halt these initiatives and budget allocations related to digital assets.