Arizona Goes Full Bull: State Greenlights Nation’s First Bitcoin Reserve, Plans to Stash 10% of Treasury in BTC

Arizona just threw Wall Street a curveball—state lawmakers approved the creation of America’s first sovereign Bitcoin reserve. The kicker? They’re eyeing a 10% allocation of state funds into BTC, effectively turning their treasury into a crypto hedge fund.

From Copper to Code

Move over gold reserves—Arizona’s betting on digital scarcity. The move signals a radical shift in how governments view asset allocation, even as traditional finance bros scoff at ’magic internet money.’

The Fine Print

The legislation mandates cold storage for the stash and requires quarterly transparency reports. Because nothing says ’trustless system’ like bureaucrats filing paperwork about their Bitcoin hoard.

As Arizona loads up on Satoshis, other states face a new dilemma: keep printing dollars or start stacking sats. Meanwhile, Goldman Sachs analysts are reportedly shorting antacids.