Rhode Island
Bitcoin States
Rhode Island introduced the Digital Asset Investment Act in 2024, allowing the state treasurer to invest up to 10% of certain funds in Bitcoin and other digital assets. The small state has a growing fintech sector and its proximity to Boston and New York connects it to major Bitcoin institutional activity.
Details
- State
- Rhode Island
- Governor
- Dan McKee
- Known For
- Digital Asset Investment Act 2024, Boston/NYC proximity, fintech sector
- Income Tax
- Yes
- Bill Number
- H 7082
- Description
- Rhode Island proposed H 7082 to allow state pension investments in Bitcoin ETFs. No formal legislation enacted as of early 2026.
- Abbreviation
- RI
- Notable Legislation
- Digital Asset Investment Act (2024) - 10% treasury allocation
- Bitcoin Mining Rights
- No
- Bitcoin Friendly Score
- medium
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Arizona
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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.
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