Bitcoin Reserve Bill Signed Into Law By New Hampshire Governor: Granite State Move Makes It A Pioneer
Posted On May 7, 2025
New Hampshire became the first U.S. state to establish a Strategic Bitcoin (CRYPTO: BTC) Reserve on Tuesday, allowing public funds to be invested in the apex cryptocurrency and other digital assets.
What Happened: Dennis Porter, the founder of the Satoshi Action Fund, revealed in an X post that House Bill 302 was signed into law by the New Hampshire Governor Kelly Ayotte.
The new law authorizes the state treasurer to invest public funds in precious metals and digital assets with a market cap exceeding $500 billion. At present, only Bitcoin qualifies under this criterion. The state can invest in Bitcoin directly or through …