New Hampshire Becomes First State To Add Bitcoin To Treasury Reserves

New Hampshire has made history by becoming the first state in the U.S. to officially add Bitcoin to its treasury reserves. Governor Kelly Ayotte signed House Bill 302, which creates the Strategic Bitcoin and Digital Asset Reserve. This decision marks a big change in how the state handles its finances, as it embraces digital assets like Bitcoin.

Under the new law, the state can invest up to 5% of its funds in digital assets. However, there’s a catch: these investments can only be made in assets with a market value of over $500 billion. Bitcoin is the only cryptocurrency that meets this requirement, making it the main focus of the law.

New Hampshire Wants To Lead The Way In Digital Asset Management

Governor Ayotte proudly shared that New Hampshire is once again leading the way by becoming the first state to allow cryptocurrency investments alongside precious metals. The law will begin to take effect in about two months, giving the state time to create the legal and tech systems needed to manage these digital assets safely.

These assets will be stored in U.S.-regulated facilities with strong security measures. The state has two options for storing Bitcoin: setting up its own multisignature wallets or partnering with trusted custodian services or exchange-traded products.

The idea for the bill came from model policies created by Satoshi Action, a group promoting Bitcoin-friendly laws. Dennis Porter, the leader of Satoshi Action, explained that New Hampshire’s move wasn’t just about passing a bill—it sparked a bigger movement.

New Hampshire Aims To Set The Standard For State Bitcoin Reserves

Porter said that the New Hampshire’s move shows that governments can manage taxpayer money securely while using Bitcoin to diversify investments and improve public finance systems.

Representative Keith Ammon, a long-time advocate of Bitcoin, brought the bill to lawmakers in the past few years. Republican leader Jason Osborne helped make sure the bill passed, and Ian Huyett from the New Hampshire Blockchain Council worked with the community to get support. Governor Ayotte made history by being the first governor to sign the bill, showing she supports Bitcoin and digital assets.

This new approach is different from previous federal attempts. Under the Trump administration, there was talk of a national Bitcoin reserve, but the focus was on managing Bitcoin the government already owned. New Hampshire’s law, however, allows the state to buy new Bitcoin with designated funds.