The Arizona House of Representatives has taken significant action by passing two bills (SB1025 and SB1373) that establish a strategic Bitcoin reserve. This landmark legislation could make Arizona the first state to incorporate public funds into its cryptocurrency reserves. The bills, now awaiting approval from Governor Katie Hobbs, signify the growing acceptance of digital assets within public financial management systems across the nation. The bills propose allowing Arizona’s state treasurer and retirement system to invest up to 10% of their available funds in digital assets, starting with Bitcoin. This proposal has garnered support from key lawmakers like Republican Senator Wendy Rogers and Representative Jeff Weninger. While the “may” clause in the legislation will likely serve as a starting point, it’s expected that future implementation would follow the growth of Bitcoin adoption.