USA on Bitcoin course: states build digital reserves
The United States strengthen their efforts to establish Bitcoin as a strategic reserve asset. Bitcoin is taken both at the federal level under President Trump as well as in states such as New Hampshire and Arizona to integrate Bitcoin into state investment plans.
President Donald Trump has one in March 2025 Executive order signedthat provides for the establishment of a “strategic bitcoin reserve”. This reserve is to consist of confiscated bitcoins and be kept in the long term. Benefits were also made possible – as long as they remain neutral. At the same time, the states of New Hampshire and Arizona have recently passed laws that enable states to invest part of their public funds in Bitcoin.
Nationwide Bitcoin plan: Trump's strategic reserve
On March 6, 2025, President Trump signed the executive order to set up the Bitcoin reserve. For the time being, the stock consists of Bitcoin, which have been confiscated by legal measures. This is currently $ 21 billion. The aim is to position the United States as a leading nation in the field of digital assets.
The reserve is managed by the Ministry of Finance and must not be sold as in the past. In addition, the government plans to create a “US Digital Asset Stockpile” for other cryptocurrencies. These measures are intended to promote innovation and strengthen institutional acceptance.
Individual states launch similar initiatives
Regardless of the nationwide plans, New Hampshire and Arizona have taken their own steps to integrate Bitcoin into their financial strategies. New Hampshire is the first US state to adopt a law that allows the state to invest up to 5% of its public funds in cryptocurrencies with a market capitalization of over $ 500 billion, which currently only applies to Bitcoin.
Arizona followed this example and passed a law that enables the state to convert unused assets into Bitcoin in order to combat inflation and modernize public funds. These developments could encourage other states to take similar measures. North Carolina and Texas could be the next candidates, while there are over 60 legislative proposals for discussion. So far, states rejected eleven such designs, two made it through the entire legislative process.
In Switzerland, an initiative committee would also like to allow the Swiss National Bank Main investments in Bitcoin. Specifically, the proposal would change the excerpt of the Federal Constitution, which prescribes a currency reserve in gold. In addition, the SNB should keep part of the reserves in Bitcoin. The collective period runs by the end of June 2026, whereby collecting 100,000 signatures should be a challenge.
