Arizona Makes Crypto History: Bitcoin Reserve Bill Clears Final Senate Hurdle

Arizona just took a giant leap toward becoming the first US state to hold Bitcoin as treasury reserve. The controversial bill—dubbed 'digital gold standard' by supporters—sailed through its final Senate vote today, setting the stage for a potential institutional adoption earthquake.

Why this matters: State-level Bitcoin reserves could rewrite public finance playbooks—or become the most expensive political theater since California's high-speed rail.

The mechanics: If signed into law, Arizona's treasury would gain authority to acquire and custody Bitcoin through regulated exchanges and trust companies. No word yet on whether they'll HODL through volatility or try to time the market like a degenerate trader.

Wall Street's take: 'Innovative' says crypto VCs. 'Reckless' mutters the bond market. Meanwhile, BlackRock quietly updates its state pension fund slide deck.

Bottom line: When politicians start stacking sats, you know we've either entered a new financial paradigm—or the final act of the fiat endgame.