New Hampshire's Bitcoin Reserve bill has been officially approved, marking the state as the first in the US to implement such legislation. The Governor of New Hampshire, Kelly Ayotte, signed the bill into law today, distinguishing New Hampshire from states like Florida and Arizona, which recently faced setbacks with similar proposals.

In a positive turn of events, New Hampshire successfully passed the Strategic Bitcoin Reserve bill, allowing the state not only to invest in Bitcoin but also in any cryptoasset with a market cap exceeding $500 billion. This forward-thinking approach positions New Hampshire as a leader in the nation, setting an example for other states to consider implementing similar initiatives.

The approval of New Hampshire's Bitcoin Reserve bill is a significant milestone that will serve as a model for other states looking to explore similar strategies. Despite uncertainties surrounding Trump's national Bitcoin Reserve plan, New Hampshire's proactive approach is paving the way for valuable insights that can guide the development of future initiatives. While the specific amount of Bitcoin that New Hampshire will purchase remains undisclosed, the bill stipulates that up to 5% of the state's total funds can be allocated to acquiring Bitcoin, with the state's total fund for 2026-2027 set at $16 billion.