比特币成为新罕布什尔州的美国国库储备资产

在开创性的举动中，新罕布什尔州已成为美国第一个正式将比特币纳入国库储备中的州。

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.

在开创性的举动中，新罕布什尔州已成为美国第一个正式将比特币纳入国库储备中的州。 2025年5月6日，州长凯利·艾约特（Kelly Ayotte）颁布了302号法案（HB 302），该法案建立了战略性比特币和数字资产储备。当他们进入数字财政运营时，这种包容标志着州政府财务管理实践的根本转变。

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.

据第四法律报道，HB 302向州财政部授予国库，将多达5％的国家资金投资于选定的数字资产。该计划的基本限制很明显。国家财政部只能投资于超过5000亿美元市值门槛的资产。比特币仍然是该市场阈值中可用的单一加密货币，因此将法律的主要重点提高了。

“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.

州长阿约特（Ayotte）通过社交媒体宣布：“新罕布什尔州通过这项新法律返回了美国的第一个州，我很自豪能够最终确定该法案，该法案使我们的州有能力与贵金属一起投资加密货币。”

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.

这项新立法开始了签名后60天的实施过程。国家财政部将利用这一时期来构建法律和技术系统，以实现数字资产的获取和保护。在保护严格的安全措施的同时，必须将数字资产存储在美国调节的存储设施中。州政府有两种选择：建立国家管理的多符号钱包或与受监管的托管服务或经过批准的交易所交易产品合作。

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的立法者从Satoshi Action制定的模型政策规定中汲取了灵感，该规定旨在在整个美国传播对比特币友好的立法。

“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.

领导Satoshi行动的Dennis Porter说：“立法者不仅选择了该法案，还选择了将其推动。现在，政府可以开始建立系统以以分散的方式购买，持有和使用比特币的过程。”根据波特的说法，该法律表明，政府可以在投资多样化并通过比特币的价值稳定性来稳固地处理纳税人资金。

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.

关键人物有助于使这项法律成为现实，包括长期的比特币支持者代表基思·阿蒙（Keith Ammon），他于2022年向立法者介绍了示范法案。共和党领导人杰森·奥斯本（Jason Osborne）通过立法渠道和新汉普郡区块链链链理事会成员伊恩·赫耶特（Ian Huyett）协助该法案的成功进步。该州的第一项法律在艾约特（Ayotte）成为第一位支持此类立法的高管后获得了州长阿约特（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.

新的过程与联邦政府试图做的事情不同。在先前的特朗普政府的情况下，对比特币进行了国家储备，但他们的提议着重于管理现有的政府拥有的比特币，而不是购买其他比特币。与类似的措施不同，HB 302分配了特定的指定资金以购买比特币。

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.

根据该法案的支持者，州比特币储备可以保护政府资金免受通货膨胀和金融体系的不稳定和经济波动。全国许多州可能会通过支持比特币投资的新政策遵循新罕布什尔州的开创性决定。

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，新罕布什尔州与其数字资产储备自行运营，但其管理行动可以为许多州建立自己的数字储备基金在美国整个美国建立自己的舞台。如HB 302中所述，“该州不得投资于未包含在前五名的市值清单中的任何数字资产。”截至2025年5月，由于市值，只有一种加密货币比特币在前5名加密货币中的特征。这一因素使HB 302成为主要集中在比特币上的倡议。