#ArizonaBTCReserve
Arizona is about to become the first U.S. state to create a Bitcoin reserve. On April 28, 2025, the Arizona House passed bills that allow the state to invest up to 10% of its public funds—around $3.14 billion—into digital assets like Bitcoin and NFTs. The plan also includes setting up a fund to manage these assets, including any crypto seized by the state in the future. The bills now need approval from Governor Katie Hobbs, who hasn’t yet shared her opinion.
Arizona is about to become the first U.S. state to create a Bitcoin reserve. On April 28, 2025, the Arizona House passed bills that allow the state to invest up to 10% of its public funds—around $3.14 billion—into digital assets like Bitcoin and NFTs. The plan also includes setting up a fund to manage these assets, including any crypto seized by the state in the future. The bills now need approval from Governor Katie Hobbs, who hasn’t yet shared her opinion.