Arizona Strategic Bitcoin Reserve

Current status is APPROVED

Second state to pass a Strategic Bitcoin Reserve bill (HB 2749)

Using rainy day funds, Arizona could purchase 15,510 BTC assuming a BTC price of $100,000

Timeline
5/7/2025
APPROVED

Governor Katie Hobbs signed HB 2749 into law, officially creating the Arizona Bitcoin & Digital Assets Reserve. The bill redirects unclaimed-property profits to Bitcoin and top-tier digital assets, harvests interest, airdrops, and staking rewards from abandoned property, ensures robust U.S.-regulated custody, and keeps native bitcoin in digital form for lost BTC recovery.

Key Details:

  • Redirects unclaimed-property profits to Bitcoin & top-tier digital assets

  • Harvests interest, airdrops, and staking rewards from abandoned property

  • Ensures prudent diversification—Bitcoin augments, not overwhelms, Arizona's investment strategy

  • Mandates robust U.S.-regulated custody

  • Keeps native bitcoin in digital form enabling lost bitcoin to be returned in BTC instead of dollars

Bill: HB 2749Read More →
2/13/2025
PROPOSED

SCR1005 introduced supporting potential digital asset investments by Arizona State Retirement System and Public Safety Personnel Retirement System

Bill: SCR1005Read More →
1/27/2025
IN PROGRESS

Bill passed committee, moves to Senate floor for vote

Read More →
1/15/2025
PROPOSED

Senate read second time

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1/14/2025
PROPOSED

SB1025 introduced by Sen. Wendy Rogers and Rep. Jeff Weninger

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Rainy day fund data source: National Association of State Budget Officers

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