New Hampshire Becomes First U.S. State to Hold Bitcoin in Its Treasury
The post New Hampshire Becomes First U.S. State to Hold Bitcoin in Its Treasury appeared on BitcoinEthereumNews.com. New Hampshire first U.S. state to add Bitcoin to treasury. State approves 5% fund investment in high-market-cap digital assets. In a groundbreaking move, New Hampshire has become the first state in the United States to officially include Bitcoin in its treasury reserves. On May 6, 2025, Governor Kelly Ayotte enacted House Bill 302 (HB 302), which established the Strategic Bitcoin and Digital Asset Reserve. State government financial management practices will undergo fundamental changes as we move into digital fiscal operations. New Hampshire Authorizes 5% State Fund Investment in Digital Assets Under this new law, the state treasury maintains authority to invest total state funds by up to 5% into selected digital assets. The fundamental limitation in this program is clear. The state treasury can only invest in assets that exceed a market capitalization threshold of $500 billion. Bitcoin remains the single cryptocurrency available within this market threshold and thus draws the law’s primary focus. By adopting this policy, New Hampshire makes itself one of the leading states in digital asset regulation. Through a social media announcement, Governor Ayotte announced, “New Hampshire returns as the nation’s first state” because of this new law. I have just finalized a new bill that establishes our state’s ability to invest in cryptocurrencies alongside precious metals. The new legislation begins its implementation process sixty days post-signature. The state treasury will utilize this period to construct both legal and technological systems that enable digital asset acquisition and protection. The digital assets must be stored at U.S.-regulated storage facilities while under the protection of rigorous security measures. The state government has two options: establishing state-managed multisignature wallets or partnering with regulated custodian services or approved exchange-traded products. The legislators who drafted HB 302 used model policy provisions developed by Satoshi Action for spreading Bitcoin-friendly legislation throughout the…
The post New Hampshire Becomes First U.S. State to Hold Bitcoin in Its Treasury appeared on BitcoinEthereumNews.com.
New Hampshire first U.S. state to add Bitcoin to treasury. State approves 5% fund investment in high-market-cap digital assets. In a groundbreaking move, New Hampshire has become the first state in the United States to officially include Bitcoin in its treasury reserves. On May 6, 2025, Governor Kelly Ayotte enacted House Bill 302 (HB 302), which established the Strategic Bitcoin and Digital Asset Reserve. State government financial management practices will undergo fundamental changes as we move into digital fiscal operations. New Hampshire Authorizes 5% State Fund Investment in Digital Assets Under this new law, the state treasury maintains authority to invest total state funds by up to 5% into selected digital assets. The fundamental limitation in this program is clear. The state treasury can only invest in assets that exceed a market capitalization threshold of $500 billion. Bitcoin remains the single cryptocurrency available within this market threshold and thus draws the law’s primary focus. By adopting this policy, New Hampshire makes itself one of the leading states in digital asset regulation. Through a social media announcement, Governor Ayotte announced, “New Hampshire returns as the nation’s first state” because of this new law. I have just finalized a new bill that establishes our state’s ability to invest in cryptocurrencies alongside precious metals. The new legislation begins its implementation process sixty days post-signature. The state treasury will utilize this period to construct both legal and technological systems that enable digital asset acquisition and protection. The digital assets must be stored at U.S.-regulated storage facilities while under the protection of rigorous security measures. The state government has two options: establishing state-managed multisignature wallets or partnering with regulated custodian services or approved exchange-traded products. The legislators who drafted HB 302 used model policy provisions developed by Satoshi Action for spreading Bitcoin-friendly legislation throughout the…
What's Your Reaction?
