Arizona is poised to vote on two bills aimed at establishing strategic digital asset reserves. Approved by the House Rules Committee, the bills propose creating reserves from digital assets seized in criminal cases, in addition to allowing public funds to be invested in Bitcoin. The Strategic Digital Assets Reserve Bill (SB 1373) would enable the state treasurer to manage these seized assets while limiting annual investments to 10% of the fund’s value. It also includes provisions for loaning assets to improve returns without increasing risk. The Arizona Strategic Bitcoin Reserve Act (SB 1025) permits the state's treasury and retirement system to invest 10% of available funds in Bitcoin, which may be stored in a secure federal account if such a system is established. With a Republican majority in the House of Representatives, these bills have a favorable chance of passing, though they must overcome a potential veto from Democratic Governor Katie Hobbs, who has a history of high veto rates.

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