比特幣成為新罕布什爾州的美國國庫儲備資產

在開創性的舉動中，新罕布什爾州已成為美國第一個正式將比特幣納入國庫儲備中的州。

In a groundbreaking move, New Hampshire has become the first state in the United States to officially include Bitcoin in its treasury reserves. On May 6, 2025, Governor Kelly Ayotte enacted House Bill 302 (HB 302), which established the Strategic Bitcoin and Digital Asset Reserve. This inclusion marks a fundamental shift in state government financial management practices as they move into digital fiscal operations.

在開創性的舉動中，新罕布什爾州已成為美國第一個正式將比特幣納入國庫儲備中的州。 2025年5月6日，州長凱利·艾約特（Kelly Ayotte）頒布了302號法案（HB 302），該法案建立了戰略性比特幣和數字資產儲備。當他們進入數字財政運營時，這種包容標誌著州政府財務管理實踐的根本轉變。

As reported by Law IV, HB 302 grants the state treasury the authority to invest total state funds by up to 5% into selected digital assets. The fundamental limitation in this program is clear. The state treasury can only invest in assets that exceed a market capitalization threshold of $500 billion. Bitcoin remains the single cryptocurrency available within this market threshold and thus draws the law’s primary focus.

據第四法律報導，HB 302向州財政部授予國庫，將多達5％的國家資金投資於選定的數字資產。該計劃的基本限制很明顯。國家財政部只能投資於超過5000億美元市值門檻的資產。比特幣仍然是該市場閾值中可用的單一加密貨幣，因此將法律的主要重點提高了。

“New Hampshire returns as the nation’s first state with this new law and I am proud to finalize this bill which provides our state with the ability to invest in cryptocurrencies alongside precious metals,” Governor Ayotte announced via social media.

州長阿約特（Ayotte）通過社交媒體宣布：“新罕布什爾州通過這項新法律返回了美國的第一個州，我很自豪能夠最終確定該法案，該法案使我們的州有能力與貴金屬一起投資加密貨幣。”

This new legislation begins its implementation process sixty days post-signature. The state treasury will utilize this period to construct both legal and technological systems that enable digital asset acquisition and protection. The digital assets must be stored at U.S.-regulated storage facilities while under the protection of rigorous security measures. The state government has two options: establishing state-managed multisignature wallets or partnering with regulated custodian services or approved exchange-traded products.

這項新立法開始了簽名後60天的實施過程。國家財政部將利用這一時期來構建法律和技術系統，以實現數字資產的獲取和保護。在保護嚴格的安全措施的同時，必須將數字資產存儲在美國調節的存儲設施中。州政府有兩種選擇：建立國家管理的多符號錢包或與受監管的託管服務或經過批准的交易所交易產品合作。

The legislators who drafted HB 302 drew inspiration from model policy provisions developed by Satoshi Action for spreading Bitcoin-friendly legislation throughout the United States.

起草HB 302的立法者從Satoshi Action制定的模型政策規定中汲取了靈感，該規定旨在在整個美國傳播對比特幣友好的立法。

“The legislators chose to not only endorse the bill but also to move it forward. Now, the administration can begin the process of setting up systems to buy, hold and use bitcoin in a decentralized manner,” said Dennis Porter, who leads Satoshi Action. According to Porter, the law demonstrates that governments can handle taxpayer funds securely while diversifying investments and advancing public finance structures through Bitcoin’s value stability.

領導Satoshi行動的Dennis Porter說：“立法者不僅選擇了該法案，還選擇了將其推動。現在，政府可以開始建立系統以以分散的方式購買，持有和使用比特幣的過程。”根據波特的說法，該法律表明，政府可以在投資多樣化並通過比特幣的價值穩定性來穩固地處理納稅人資金。

Key figures instrumental in making this law a reality include longtime Bitcoin supporter Representative Keith Ammon, who introduced the model bill to lawmakers in 2022. Republican Party leader Jason Osborne aided the successful progress of the bill through legislative channels, and New Hampshire Blockchain Council member Ian Huyett conducted grassroots activism. The state’s first laws of this kind received approval from Governor Ayotte after she made history as the first executive to support such legislation.

關鍵人物有助於使這項法律成為現實，包括長期的比特幣支持者代表基思·阿蒙（Keith Ammon），他於2022年向立法者介紹了示範法案。共和黨領導人傑森·奧斯本（Jason Osborne）通過立法渠道和新漢普郡區塊鍊鍊鏈理事會成員伊恩·赫耶特（Ian Huyett）協助該法案的成功進步。該州的第一項法律在艾約特（Ayotte）成為第一位支持此類立法的高管後獲得了州長阿約特（Ayotte）的批准。

The new process diverges from what federal administrations attempt to do. Under the previous Trump administration, Bitcoin was discussed for a national reserve, yet their proposal focused on managing existing government-held Bitcoin rather than acquiring additional ones. Unlike similar measures, HB 302 distributes specific designated funds to purchase Bitcoin.

新的過程與聯邦政府試圖做的事情不同。在先前的特朗普政府的情況下，對比特幣進行了國家儲備，但他們的提議著重於管理現有的政府擁有的比特幣，而不是購買其他比特幣。與類似的措施不同，HB 302分配了特定的指定資金以購買比特幣。

According to the bill’s supporters, state Bitcoin reserves protect government funds from inflation and financial system instability, and economic volatility. Many states across the nation will likely follow New Hampshire’s pioneering decision through new policies that support Bitcoin investments.

根據該法案的支持者，州比特幣儲備可以保護政府資金免受通貨膨脹和金融體系的不穩定和經濟波動。全國許多州可能會通過支持比特幣投資的新政策遵循新罕布什爾州的開創性決定。

For now, New Hampshire operates by itself with its digital asset reserve but its governing action could set the stage for numerous states to establish their own digital reserve funds across America. As stated in HB 302, “This State may not invest in any digital asset that is not included on the Top 5 market capitalization list.” As of May 2025, only one cryptocurrency, Bitcoin, features among the top 5 cryptocurrencies by market capitalization. This factor makes HB 302 an initiative focused largely on Bitcoin.

目前，新罕布什爾州與其數字資產儲備自行運營，但其管理行動可以為許多州建立自己的數字儲備基金在美國整個美國建立自己的舞台。如HB 302中所述，“該州不得投資於未包含在前五名的市值清單中的任何數字資產。”截至2025年5月，由於市值，只有一種加密貨幣比特幣在前5名加密貨幣中的特徵。這一因素使HB 302成為主要集中在比特幣上的倡議。