New Hampshire is now the first state in the United States to officially authorize part of the public funds to invest in cryptocurrency.
On Tuesday, Governor Kelly Ayotte signed a new law which allows the State to invest up to 5% of its public funds in digital assets like Bitcoin. This makes New Hampshire the first of the country to create a legal path to build a cryptography reserve at the level of the state.
The new law is specific: The State can only invest in digital assets with a market value of at least $ 500 billion – a threshold that Bitcoin currently only meets.
Governor Ayotte, a republican and a new office, celebrated the news by writing on social networks
“New Hampshire is again the first in the country.”
Local legislators also welcomed the decision, describing this a bold decision to prepare the state for the future of digital finance.
This development comes after similar attempts in other states such as Arizona and Florida have failed to move forward. In Arizona, a similar bill was opposed to the governor. Florida has withdrawn its efforts. But other states, including North Carolina, still consider the idea.
Dennis Porter, founder of the Satoshi Action Fund, described the law for a moment of breakthrough. His group worked to convince heads of state across the country to treat Bitcoin as a strategic asset. “The first is the most difficult,” said wearing, adding that the success of New Hampshire will likely inspire others to act.
While the American federal government has not yet created a crypto reserve, former president Donald Trump recently expressed support for such a plan. However, federal agencies and the Treasury Department still examine how such a reserve could be structured.
🇺🇸 Update of the State reserve race
New Hampshire becomes the first state to adopt legislation on the Bitcoin reserve!
Governor Ayotte signed HB 302 this morning. pic.twitter.com/4vvnbqy51p
– Bitcoin Laws (@bitcoin_laws) May 6, 2025
Now it's official: the United States is establishing a Bitcoin strategic reserve!
