Arizona Makes History: Bitcoin Reserve Bills Pass Final Vote
In a historic move for cryptocurrency adoption in the United States, Arizona has officially passed its Bitcoin reserve legislation. Both bills have passed the final vote and are now pending Governor Katie Hobbs' signature to become law.
This momentous step means Arizona is now just one signature away from being able to buy Bitcoin directly—a groundbreaking shift in state financial policy.
The SB 1373 bill proposes creating a strategic treasury of digital assets comprised of public funds and seized cryptocurrencies, managed by the state treasurer. Investments are capped at 10% of the total reserve per fiscal year, with permission to lend digital assets to generate extra income, as long as financial risk does not increase.
Meanwhile, SB 1025 focuses exclusively on Bitcoin, allowing the State Treasury and the Retirement System to invest directly in the world's leading cryptocurrency.
This is historic. If Governor Hobbs signs these bills, Arizona would become one of the first U.S. states to officially hold Bitcoin as a strategic reserve—joining a growing movement across the country. Over 15 states, including economic powerhouses like Texas and Florida, are already exploring similar initiatives to secure their financial futures through crypto assets.
There is a potential risk: Governor Hobbs has recently threatened to veto any bills not already on her desk, demanding a bipartisan agreement on disability healthcare funding. However, these two bills have already been delivered, significantly improving their chances of survival.
If signed, Arizona could soon lead a financial revolution—purchasing Bitcoin at the state level and setting a precedent that could reshape U.S. fiscal policy for decades.
