Two U.S. states, New Hampshire and Florida, are taking significant steps towards incorporating Bitcoin into their state reserves. On April 10th, New Hampshire’s House of Representatives passed HB302, a bill authorizing up to 10% of its general fund investment in Bitcoin and precious metals. The bill now awaits approval from the Senate before it can be signed into law by Governor Kelly Ayotte. This move marks a bold commitment towards exploring the potential of Bitcoin for state investments. Florida also took action with HB487, passed unanimously by the House Insurance and Banking Committee. This bill, still requiring further approval through two committees, would allow Florida to invest up to 10% of its key funds in Bitcoin. The bill’s sponsor, Rep. Webster Barnaby, envisions this as a pioneering move towards leading the nation in digital finance. Notably, both states adhere to stringent custody rules and offer investment options through direct purchase or exchange-traded products for their Bitcoin holdings.