The state of New Hampshire has made history by becoming the first in the United States to legalize the investment of public funds in Bitcoin through House Bill 302.
Official Launch of Bitcoin Reserve Policy in New Hampshire
The bill, known as House Bill 302, was introduced in January and allows the State Treasury to invest a portion of its funds in crypto, with a strict rule that only cryptocurrencies with a market capitalization exceeding $500 billion are eligible. This move aims to exclude meme coins and volatile tokens, prioritizing Bitcoin.
The same law also opens the door to investments in precious metals, aligning the state’s strategy with a logic of prudent diversification. New Hampshire is not looking to speculate but rather secure its reserves in alternative assets with high resilience.
Strong Political Statement in a Tense Climate
This action makes New Hampshire the first state led by a Republican governor to pass such a project, shortly after the Democratic governor of Arizona, Katie Hobbs, vetoed a similar bill. This contrast highlights a growing political divide regarding the integration of digital assets into public finances.
While other states are still considering similar legislation, New Hampshire is taking the lead, positioning itself as a pioneer in modern management of public reserves in the Bitcoin era.
