On May 6, 2025, New Hampshire became the first U.S. state to pass the ‘Strategic Bitcoin Reserve’ bill (HB 302), signed into law by Governor Kelly Ayotte, allowing the state to invest up to 5% of its public funds in Bitcoin and digital assets with a market cap over $500 billion.
The bill, authored by Rep. Keith Ammon and supported by the Satoshi Action Fund, aims to diversify state reserves and hedge against inflation, reflecting New Hampshire’s “Live Free or Die” ethos and positioning it as a pioneer in state-level cryptocurrency adoption.
This move could spark a domino effect, as states like Arizona, Illinois, and Texas are exploring similar policies, potentially shifting the U.S. monetary framework by legitimizing Bitcoin as a state-sanctioned reserve asset.
