Florida

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Bitcoin States

Florida has proposed a state Bitcoin strategic reserve bill through its state legislature, with Governor Ron DeSantis having historically signaled openness to Bitcoin-friendly policies. The bill would allow up to 10% of certain state funds to be invested in Bitcoin. Florida has one of the largest Bitcoin communities in the US, with Miami having positioned itself as a Bitcoin hub since 2021 under Mayor Francis Suarez, who famously took his salary in Bitcoin.

Details

State: Florida
Region: Southeast
Status: proposed
Governor: Ron DeSantis
Income Tax: No
Bill Number: SB 550
Description: Florida proposed SB 550 to allow up to 10% of state funds in Bitcoin, sponsored by Sen. Joe Gruters. As of early 2026, still in committee.
Legislation: Senate bill for state BTC investment
Abbreviation: FL
Reserve Passed: No
Reserve Proposed: Yes
Bitcoin Mining Rights: Yes
Bitcoin Friendly Score: high

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Arizona

Arizona signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized or forfeited assets, rather than purchasing it outright. This establishes a legal framework for Arizona to become a state Bitcoin holder through law enforcement activities. Arizona also considered more expansive Bitcoin reserve bills that would allow active treasury purchases, but these faced additional hurdles. Arizona's large retirement system (PSPRS) managing over $14 billion makes any state-level Bitcoin allocation strategically significant.

New Hampshire

New Hampshire became the first US state to sign a Bitcoin strategic reserve law into effect, with Governor Kelly Ayotte signing HB 302 in 2025. The law allows the state treasurer to invest up to 5% of certain state funds in Bitcoin and precious metals. Consistent with its "Live Free or Die" motto and libertarian political culture, New Hampshire also hosts the Free State Project — a movement of libertarians relocating to the state — many of whom are Bitcoin advocates.

Texas

One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.