Here it comes! The governor of New Hampshire, USA, has signed the "Bitcoin Reserve Bill", allowing 5% of public funds to be invested in BTC.

On May 6, 2025, New Hampshire became the first state in the United States to formally approve the inclusion of Bitcoin in the strategic reserve of the state government, setting a national precedent through HB 302. (Synopsis: Flash» Governor of Arizona 'Vetoes Bitcoin Reserve Act': Virtual Currencies Are Unverified Investments... New Hampshire took a historic step on the 6th, officially becoming the first state in the United States to allow bitcoin and other specific digital assets to be included in the state government's "strategic reserves". The groundbreaking bill, called HB 302, went into effect earlier with the signature of Governor Kelly Ayotte. New Hampshire is once again First in the Nation! Just signed a new law allowing our state to invest in cryptocurrency and precious metals. pic.twitter.com/ua9bawZKbM — Governor Kelly Ayotte (@KellyAyotte) May 6, 2025 New Hampshire Adds Bitcoin to State Reserve It is said that the core thrust of the bill is to empower state finance ministers to be able to transfer bitcoin (BTC) and other conditions that meet certain conditions. Digital assets with a market value of more than $500 billion are currently included in the state government's reserves. Since only Bitcoin currently meets the conditions for a market capitalization of more than $500 billion, in practice, the bill mainly targets Bitcoin reserves and will be officially implemented 60 days after the signing takes effect. HB 302 stipulates that the total investment of the state government in digital assets cannot exceed 5% of the total state funds, hoping to effectively control the potential risk of market volatility and protect the safety of taxpayers' funds. According to the latest data, New Hampshire's total fiscal year 2026 spending is expected to be $8.21 billion, and the state government expects to have an unearmarked fund balance of $45 million and a "rainy day" reserve of $212 million by the end of fiscal year 2026. In addition, the bill puts forward strict requirements on the way digital assets are kept. Bitcoin or other eligible digital assets held by all state governments must be held in custody in a U.S. regulated environment. This includes using state-controlled "multi-signature wallets," choosing a qualified custodian, or investing in exchange-traded products that are registered and compliant in the U.S. (such as Bitcoin spot ETFs). Setting a Precedent for State Government Digital Asset Adoption The passage of this landmark bill would not have been possible without the tireless efforts of several key enablers. Among them, state Rep. Keith Ammon, majority leader Jason Osborne, and Ian Huyett of the New Hampshire Blockchain Council played an important role. From a broader national perspective, New Hampshire's move undoubtedly sets a strong precedent. It may encourage other U.S. governments to start seriously considering or actively adopting similar digital asset reserve policies, potentially triggering a wave of state-level digital asset adoption. Differing Attitudes of U.S. States to Digital Assets Despite New Hampshire's breakthroughs, the exploration and practice of digital asset investment in U.S. states still show diverse challenges. For example, the governor of Arizona last weekend vetoed a bill aimed at allowing state pension funds to invest in bitcoin. The main reason for this is concern about such under-validated investment classes. Others, such as North Carolina, are still considering the possibility of allowing the state treasury to invest up to 5% of its funds in cryptocurrencies; Wisconsin and Michigan, on the other hand, have allowed limited cryptocurrency investments in their state pension fund portfolios. This shows that despite the growing interest and interest in digital assets at the state level, there are still significant differences between states in terms of specific adoption of policies, legislative processes, and responses to regulatory challenges. Will this precedent set by New Hampshire succeed in influencing other U.S. states to create a national trend? Let's just wait for time to ferment. Related reports The United States has entered the era of "fixed investment bitcoin reserves"? North Carolina bill "10% fund to buy BTC", cold wallets are not allowed to sell US poll: only 10% support expanding crypto industry spending, more than half oppose Trump to build bitcoin reserves. Dr. Po Ge Rujun: Taiwan has Ready Bitcoin reserves! Cryptocurrency law "It's better not to be good" CEO of Coinbase: "Bitcoin standard" will replace gold, G20 will follow up to buy BTC reserves 〈Here it comes! The governor of New Hampshire signed the "Passing Bitcoin Reserve Act", allowing 5% of public funds to invest in BTC This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".