Arizona Passes First State Bitcoin Reserve Bills

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Arizona lawmakers have approved two groundbreaking bills today, potentially making the state the first in the nation to establish a Bitcoin reserve.

The House of Representatives passed Senate Bill 1025 and Senate Bill 1373, now awaiting Governor Katie Hobbs’ signature.

SB 1025 permits Arizona to invest up to 10% of treasury and pension assets in digital assets, including Bitcoin, while SB 1373 creates a Digital Assets Strategic Reserve Fund.

These bills leverage seized crypto assets and future appropriations to build the reserve, incorporating on-chain auditability and standard risk controls. Arizona’s initiative echoes similar efforts in Texas, Florida, and New Hampshire.

Following the Arizona votes, Bitcoin traded near $95K, reflecting a 25% increase from early-April lows amid renewed institutional demand.