#DonaldTrump Strategic Bitcoin Reserve bills enacted and in progress. Source: Bitcoin Laws
New Hampshire Governor Kelly Ayotte signed House Bill 302 (HB 302) into law, making the state the first in the US to establish a Strategic Bitcoin Reserve. The law permits the state treasurer to invest up to 5% of public funds in precious metals or digital assets with a market capitalization of over $500 billion, with BTC alone meeting this condition. While the bill does not specifically mandate the creation of such a reserve, it gives the state’s treasurer discretion to invest in one.
Arizona Governor Katie Hobbs also signed House Bill 2749 (HB 2749) into law, which authorizes the state to claim ownership of unclaimed digital assets, including cryptocurrency, that have been abandoned for at least three years. The law also enables the creation of a Bitcoin and Digital Asset Reserve Fund, which will accumulate value from staking rewards and airdrops of these assets, without using taxpayer funds.
Following these announcements, Texas launched a state-funded Bitcoin reserve, becoming the first US state to do so independently in late June. This marked the first state in the US to authorize a publicly funded, standalone reserve managed outside the state treasury.
Governor Greg Abbott approved Senate Bill 21 (SB 21), which enables the Texas Comptroller to manage the fund, authorizes qualified third parties to manage the reserve, and requires crypto purchases, with funds appropriated by the legislature or from reserve revenues to be invested in digital assets, similar to the New Hampshire law.
Similar bills are pending in other state legislatures, including Massachusetts, Michigan, North Carolina, and Ohio, highlighting the growing adoption of Bitcoin by US states in 2025.
Crypto in retirement plans
In August, President Trump signed an executive order that opened the door to $9 trillion to $12.5 trillion in 401(k) retirement funds, allowing investments in cryptocurrency, private equity, and real estate.
$BTC