New Hampshire Leads the Way: State Creates Bitcoin Reserve Fund

New Hampshire has made history by becoming the first U.S. state to establish a Bitcoin and digital asset reserve fund. Governor Kelly Ayotte signed House Bill 302 into law this week, empowering the state treasurer to allocate up to 5% of total state funds into Bitcoin or other digital assets with a market capitalization exceeding $500 billion, currently only encompassing Bitcoin. This groundbreaking measure is set to take effect in 60 days and marks a significant shift in public finance policy, positioning New Hampshire at the forefront of integrating digital assets into government reserves.