New Hampshire Becomes First State to Sign Bitcoin Reserve Bill Into Law
Summary
New Hampshire has enacted a law, HB 302, allowing the state to invest in Bitcoin and precious metals, marking it as the first state to establish a Bitcoin reserve based on market cap criteria. Governor Kelly Ayotte signed the bill, emphasizing New Hampshire's pioneering role. This move aligns with a broader trend among states to create cryptocurrency reserves, though some have not succeeded. Additionally, President Trump issued an executive order in March to establish a national strategic Bitcoin reserve and a separate stockpile for other digital assets.
