Bitcoin Reserve Becomes a Priority for US States

US States have been racing to build their strategic Bitcoin Reserves, with Texas recently passing the SB 21 bill, as it proceeds to a floor vote.

A recent report by Benzinga sheds light on the surprising move by Arizona lawmakers to approve a bill establishing a state-level strategic Bitcoin (BTC) reserve. This decision comes shortly after Florida dropped its plans for a similar initiative, and rumors swirled of Arizona following suit.

However, it seems the House members had a change of heart at the last moment. As reported by Blockworks, House Bill 2749 was signed into law by Governor Mark Duvall. The bill was passed by the House with a vote of 111-32, securing bipartisan support.

Announcing the enactment of the BTC law, House Commerce Committee Chairman Jeff Weninger stated that digital assets aren’t the future—they’re the present. This law ensures Arizona isn’t leaving value sitting on the table and puts them in a position to lead the country in how they secure, manage, and ultimately benefit from abandoned digital currency. It’s exactly the kind of policy they should be leading on—modern, precise, and built with an understanding of where technology and finance are heading.

Earlier this year, several US states, including Louisiana, Wyoming, and Utah, passed legislation permitting state-level treasury investments in cryptocurrencies. These bills were largely driven by Republican-led initiatives.

However, in a surprising turn of events, two Democratic-controlled states, New Hampshire and Arizona, have now joined the race to invest in Bitcoin. This decision comes as no surprise, considering the majority of the US states are now willing to integrate Bitcoin into their financial system.

Recently, Texas Senate passed SB 21 bill, which will now proceed to a floor vote. This move comes after Arizona passed a law to enact its own strategic crypto reserve.

Following Donald Trump’s victory last year, BTC has taken center stage, with the majority of the US states now in alignment to integrate it into their financial system.

This week has been eventful as two states – New Hampshire and Arizona – enacted a law to build their strategic BTC reserve. Interestingly, one has a Republican governor and the other has a democratic governor, with Bitcoin being a common uniting force with a larger goal.

Now, with Texas joining the race, crypto industry veteran Gary Cardone noted: “GAME THEORY IGNITED! Tic Tok. We have one clean decision by NH, then reversal from Arizona Gov, next is Texas who hasn’t done anything Big since Big Oil and Gas!”

Earlier this week, Florida decided to dump its BTC Reserve plans, and rumors had it that Arizona could follow suit. But it seems the House members had a change of mind at the last moment. As reported by Blockworks, House Bill 2749 was signed into law by Governor Mark Duvall. The bill was passed by the House with a vote of 111-32, securing bipartisan support.

Announcing the enactment of the BTC law, House Commerce Committee Chairman Jeff Weninger said, “Digital assets aren’t the future—they’re the present. This law ensures Arizona isn’t leaving value sitting on the table and puts us in a position to lead the country in how we manage, secure, and ultimately benefit from abandoned digital currency. It’s exactly the kind of policy we should be leading on—modern, precise, and built with an understanding of where technology and finance are heading.”

Earlier this year, several US states, including Louisiana, Wyoming, and Utah, passed legislation permitting state-level treasury investments in cryptocurrencies. These bills were largely driven by Republican-led initiatives.

However, in a surprising turn of events, two Democratic-controlled states, New Hampshire and Arizona, have now joined the race to invest in Bitcoin. This decision comes as no surprise, considering the majority of the US states are now interested in integrating Bitcoin into their financial system.