New Hampshire Invests State Treasury in Bitcoin: First US State to Do So

New Hampshire has taken a pioneering step, becoming the first U.S. state to formally incorporate Bitcoin into its treasury reserves. This decision, signed into law by Governor Kelly Ayotte, allows up to 5% of the state’s funds to be allocated to cryptocurrencies. Notably, Bitcoin is the only cryptocurrency currently eligible for investment due to a market capitalization requirement exceeding $500 billion. Governor Ayotte sees this as part of New Hampshire’s commitment to technology and innovation.