These U.S. States Have Passed Bitcoin Reserve Laws

Key Points

1. New Hampshire became the first U.S. state to adopt a Bitcoin reserve law (HB 302) in early May 2025.

2. Arizona passed HB 2749, updating unclaimed property laws to include Bitcoin, but Governor Katie Hobbs vetoed two related bills (SB 1025 and HB 2324) that sought further expansion.

3. Texas established the Texas Strategic Bitcoin Reserve through Senate Bill 21 and House Bill 4488, limiting eligible digital assets to those with a market cap of at least $500 billion over 24 months.

4. Montana's House Bill 429, which proposed allocating state funds to Bitcoin, was deferred indefinitely by the House Commerce and Energy Committee.

5. Utah passed a broader blockchain-related bill in March 2025, but it did not specifically address Bitcoin reserves.