Two states, New Hampshire and Florida, have taken significant steps towards creating state-sponsored Bitcoin reserves. In New Hampshire, the House of Representatives passed a bill (HB302) allocating 10% of their general fund for investment in precious metals and certain digital assets, with Bitcoin currently being the sole eligible asset due to its market capitalization exceeding $500 billion. The bill now awaits the Senate’s consideration before reaching Governor Kelly Ayotte’s desk. Meanwhile, Florida’s House Insurance and Banking Committee voted unanimously on HB487, which would allow their chief financial officer to invest up to 10% of state funds in Bitcoin. This bill requires approval from three additional committees before moving forward. The movement towards Bitcoin reserves reflects a growing interest in utilizing the digital asset for potential investment opportunities and economic security.