Governor Kelly Ayotte signed legislation in New Hampshire authorizing the state’s treasurer to invest in cryptocurrencies, including Bitcoin, marking a significant step for US states exploring cryptocurrency investments. The bill, House Bill 302, grants the state treasury authority to utilize funds to invest in crypto assets with a market capitalization exceeding $500 billion, excluding many tokens and memecoins. This move positions New Hampshire as the first state to establish such a reserve strategy, prompting similar initiatives in other states aiming for a strategic Bitcoin reserve. In Arizona, a bill authorizing a similar initiative was passed by the state House but vetoed by Governor Katie Hobbs on May 2nd. This is an evolving situation; further updates will be provided.