New Hampshire Becomes First U.S. State to Approve Strategic Bitcoin Reserve Law

Important change for crypto adoption

May 6, 2025 — In a major milestone for digital assets in the U.S., New Hampshire Governor Kelly Ayotte has signed the nation's first law establishing a Bitcoin and digital asset strategic reserve. The law allows the state treasury to allocate up to 10% of general and eligible funds into precious metals and digital assets with a market cap over $500 billion — currently, only Bitcoin meets that threshold.

"This is a strategic step toward financial innovation and sovereignty for our state," — Governor Kelly Ayotte, via her official X account.

The announcement was made public by Satoshi Action Fund, a nonprofit that actively collaborated on drafting the initiative. Ayotte shared photos with the fund’s team, underscoring support for the digital shift.

How it works

The new law empowers New Hampshire to invest in spot Bitcoin ETFs and similar instruments, or purchase BTC directly. With this, Bitcoin elevates to the same category as state-backed reserves like gold. 

Commenting on the news, Ewelina, director at PassimPay, indicates that “it is a bold move that signals growing trust in decentralized money.”

Wider trend across the U.S.

Though other states — including Texas, Arizona, Illinois, Maryland, and Michigan — have introduced similar proposals, none have succeeded. Arizona’s governor vetoed a matching bill last week, and Florida’s Senate dropped two initiatives today.

Strategic insight for businesses

New Hampshire's adoption of a Bitcoin reserve shows how digital assets are becoming essential to public finance. For crypto-native businesses, this opens the door for further acceptance and regulatory clarity.

Solutions like PassimPay will help you with this . Our service enables seamless integration of Bitcoin payments, empowering businesses to align with the direction even states are now taking.