Bitcoin Milestone New Hampshire Approves Reserve

New Hampshire House Approves Bitcoin Reserve Bill

• The New Hampshire House passed Bill HB302 with a vote of 192 for and 179 against.
• The bill allows up to 5% of state funds to be invested in eligible assets, including Bitcoin.
• The state’s treasury holds approximately $3.6 billion in funds.
• Bitcoin is the only digital asset meeting the bill’s market capitalization requirement of over $500 billion.
• If fully allocated to Bitcoin, the state could acquire around $181 million worth, equating to about 2,269 BTC at current prices.

The New Hampshire House has approved a bill that permits investing up to 5% of public funds in precious metals and digital assets like Bitcoin. The proposal now moves to the state Senate for consideration.