New Hampshire Strategic Bitcoin Reserve
Current status is APPROVED
First state to pass a Strategic Bitcoin Reserve bill
Using rainy day funds, New Hampshire could purchase 3,140 BTC assuming a BTC price of $100,000
Timeline
APPROVED
Governor signed HB 302 into law, creating the nation's first Bitcoin & Digital Assets Reserve Fund—a policy framework lifted directly from Satoshi Action's Strategic Bitcoin Reserve (SBR) model bill.
Key Details:
Lets the Treasurer buy Bitcoin & top-tier digital assets
Authorizes purchases of assets with market cap above $500 billion
Caps holdings at 5% of total state funds
Mandates robust U.S.-regulated custody
Takes effect 60 days after passage
PROPOSED
New legislation introduced to enable state treasury to invest in precious metals and digital assets, establishing a Strategic Bitcoin Reserve. The bill would authorize investment in SEC/CFTC-regulated crypto ETPs and includes provisions for secure custody solutions.
Key Details:
Enables investment in precious metals and digital assets
Requires SEC/CFTC regulated products
Includes secure custody solution requirements
Defines qualified custodian standards
Rainy day fund data source: National Association of State Budget Officers