Bitcoin Reserve Established by Arizona Bill

Arizona Moves Closer to Establishing Bitcoin Reserve

• Arizona lawmakers passed Senate Bill 1025 and Senate Bill 1373, allowing up to 10% of public funds to be invested in Bitcoin and other digital assets.
• SB1025 passed with a vote of 31-25, while SB1373 passed with a vote of 37-19 in the Arizona House of Representatives.
• The bills await the signature of Governor Katie Hobbs to become law.
• If signed, Arizona would be the first U.S. state to hold Bitcoin as a strategic asset.

Arizona has advanced legislation to invest up to 10% of public funds in digital assets, pending approval from Governor Katie Hobbs. The state could become the first in the U.S. to establish a Bitcoin reserve if these bills are enacted into law.