Washington State
Bitcoin States
Washington State is a Pacific Northwest tech hub home to Microsoft, Amazon, and a thriving Bitcoin startup ecosystem. In 2023, HB 1497 passed to protect Bitcoin miners' rights by prohibiting discriminatory utility rates targeting crypto mining. The state has a favorable no-income-tax policy and abundant hydroelectric power that has attracted significant Bitcoin mining operations in eastern Washington. Seattle hosts several notable Bitcoin companies and one of the most active Bitcoin meetup communities in the US.
Details
- State
- Washington State
- Status
- friendly
- Capital
- Olympia
- Country
- USA
- Notable
- No state income tax; abundant hydroelectric power for mining; Microsoft, Amazon Bitcoin ecosystem
- Governor
- Bob Ferguson
- Income Tax
- No
- Bill Number
- SB 5490
- Description
- Washington State has a friendly tech environment with no formal Bitcoin reserve legislation. SB 5490 addressed digital asset regulations for financial institutions.
- Legislation
- HB 1497 Bitcoin mining protection (2023)
- Abbreviation
- WA
- Hydro Mining
- Yes
- Right To Mine
- Yes
- Population Millions
- 7.7
- Bitcoin Mining Rights
- Yes
- Bitcoin Friendly Score
- medium
More Bitcoin States
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.
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