New Hampshire Takes Lead, Becomes First State to Invest in Bitcoin

New Hampshire has made history by becoming the first U.S. state to authorize its treasurer to invest public funds in cryptocurrency like Bitcoin and other digital assets. This landmark legislation was signed into law by Governor Kelly Ayotte, who celebrated it on X, stating, β€œNew Hampshire is once again first in the nation.” 🀝 The bill allows up to 10% of the state’s general fund to be allocated towards eligible cryptocurrencies with a market capitalization exceeding $500 billion. This effectively limits initial investments to Bitcoin (BTC). To comply with regulations, digital assets must be managed securely through state-managed custody, regulated custodians, or exchange-traded products. πŸ”