Arizona Doubles Down on Bitcoin as State Treasury Reserve Bill Gains Momentum

Arizona just took a chainsaw to traditional finance—state lawmakers advanced a bill that could make Bitcoin part of the treasury’s reserve assets. Because why let the Fed have all the fun with money-printing?

The move signals a growing institutional embrace of crypto, even as Wall Street hedgies still pretend it’s ’just a speculative asset.’ Arizona’s play? Cut out the middleman, stack SATs, and let taxpayers ride the volatility wave.

One cynical take? This is either a masterclass in hedging against dollar debasement—or the ultimate ’hold my beer’ moment in public finance. Either way, the OGs in the Bitcoin trenches are nodding approvingly.

Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now rests with the governor, and the outcome will determine Arizona’s next move in its Bitcoin reserve strategy.