Ohio

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Bitcoin States

Ohio has proposed state Bitcoin reserve legislation in committee and has a notable history with Bitcoin — it was one of the first states to accept Bitcoin for tax payments starting in 2018, though that program was later paused by the state attorney general in 2019. Ohio's Bitcoin reserve bill would allow the state treasury to hold Bitcoin as a strategic reserve asset. The state's large manufacturing economy and energy infrastructure have also attracted Bitcoin mining operations.

Details

State: Ohio
Region: Midwest
Status: in_committee
Governor: Mike DeWine
Income Tax: Yes
Bill Number: SB 1001
Description: Ohio proposed SB 1001 to invest state treasury funds in Bitcoin. Ohio was an early adopter of Bitcoin for tax payments (2018) before discontinuing the program.
Legislation: Proposed reserve legislation
Abbreviation: OH
Reserve Proposed: Yes
Bitcoin Mining Rights: Yes
Bitcoin Friendly Score: medium

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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.