Bitcoin News

Bitcoin Reserve: US States Arizona Passes BTC Law, Texas Joins Race

Texas, Arizona, and New Hampshire made notable progress in strategic Bitcoin reserves through the passage of bipartisan legislation.
Published by
Bitcoin Reserve: US States Arizona Passes BTC Law, Texas Joins Race

Highlights

  • Arizona’s House Bill 2749 highlights a unified approach across party lines to build Bitcoin reserves.
  • This reflects growing state-level interest in integrating Bitcoin into financial systems post-Trump’s victory.
  • BTC price continues its bullish momentum, nearing the $100K mark, fueled by China’s ¥1 trillion economic stimulus.

U.S. states are accelerating efforts to establish strategic Bitcoin reserves, with Texas recently advancing the SB 21 bill to a floor vote. This move follows Arizona’s recent passage of legislation to create its own Bitcoin reserves. Since Donald Trump’s victory last year, Bitcoin has gained prominence, with many states showing a growing interest in integrating the asset into their financial systems.

Advertisement

Bitcoin Reserve Becomes Priority for US States

This week has been eventful as US states have taken the call to build Bitcoin reserves. In the last 48 hours, two states  – New Hampshire and Arizona – enacted a law to build their strategic BTC reserve. Interestingly, one has a Republican governor and the other has a democratic governor, with Bitcoin being a common uniting force with a larger goal.  Now, with Texas joining the race, crypto industry veteran Gary Cardone noted:

“GAME THEORY IGNITED! Tic Tok. We have one clean decision by NH, then reversal from Arizona Gov, next is Texas who hasn’t done anything Big since Big Oil and Gas!”

However, not every US state has joined the Bitcoin party. Earlier this week, Florida decided to dump its BTC Reserve plans, with rumors of Arizona also working on a similar decision. However, Arizona lawmakers seem to have a change of heart at the last moment. With the signing of House Bill 2749 into law, House Commerce Committee Chairman Jeff Weninger passed the BTC law with bipartisan support. He wrote:

“Digital assets aren’t the future—they’re the present. This law ensures Arizona doesn’t leave value sitting on the table and puts us in a position to lead the country in how we secure, manage, and ultimately benefit from abandoned digital currency. It’s exactly the kind of policy we should be leading on—modern, precise, and built with an understanding of where technology and finance are heading.”

Advertisement

BTC Eyes $100K Breakout

The Bitcoin price continues to inch forward, gaining another 2.3% and moving past $99,000, as US States make big announcement on Bitcoin reserves. A breakout above $100K levels will set the stage for its rally to fresh all-time highs.

Bitcoin surged by nearly $3,000 following China’s announcement of a ¥1 trillion economic stimulus injection.. On the other hand, the US Federal Reserve has kept interest rates unchanged at 4.25-4.5%, for the third consecutive time, after the Jan and March meetings earlier this year.

Advertisement
Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Michael Saylor’s Strategy Eyes S&P 500 Spot Amid Bitcoin-Backed Credit Products Launch

Michael Saylor’s Strategy is setting its sights on the S&P 500 as it pushes forward…

October 31, 2025
  • News

Bitcoin White Paper Turns 17 Today as Satoshi’s $120B Fortune Climbs $2.8 Billion

Seventeen years ago today, Satoshi Nakamoto emailed a nine-page document that changed the world. It…

October 31, 2025
  • News

Will Crypto Market Rebound or Crash Ahead as 10X Research Tips Shorting Ethereum?

Bitcoin, Ethereum, XRP, and other altcoins tumbled amid the latest crypto market crash. Over $1.2…

October 31, 2025
  • News

Sam Bankman-Fried Says FTX Was “Never Bankrupt,” Crypto Community Reacts

Sam Bankman-Fried (SBF) team on Friday revealed an estimated $136 billion in petition-date holdings of…

October 31, 2025
  • News

XRP ETF Coming This November 13 As Canary Capital Submits Updated S-1 By Removing Roadblocks

Asset manager Canary Capital has submitted an updated S-1 filing to bring its spot XRP…

October 31, 2025
  • News

Canary XRP ETF Filing Removes SEC Delay Clause, Targets November Launch

Canary Funds has filed an updated S-1 registration for its XRP spot exchange-traded fund (ETF).…

October 31, 2025