A groundbreaking bill introduced by New Hampshire Representative Keith Ammon could allow the state’s treasury to hold Bitcoin as a reserve asset.
This proposed legislation aims to create a strategic Bitcoin (BTC) reserve, enabling the state to manage BTC alongside traditional assets such as gold, silver, and platinum.
The bill outlines “secure custody solutions” to protect New Hampshire’s prospective Bitcoin reserves. As cryptocurrency adoption accelerates, the need for a state-level crypto wallet has become increasingly clear.
If enacted, New Hampshire could emerge as a pioneer in adopting state-controlled Bitcoin reserves, although it will face competition from other states considering similar initiatives.
Various states, including Texas and Ohio, are currently exploring BTC treasury legislation, with multiple lawmakers, including advocates at the federal level, supporting the move towards Bitcoin reserves.
The concept of a U.S.-based Bitcoin reserve gained traction last year, especially following initiatives to engage the crypto constituency, with discussions surrounding the government’s existing holdings of Bitcoin.
As 2025 unfolds, indications are growing that more jurisdictions are gearing up to adopt Bitcoin reserves. In addition to U.S. states, other countries like Brazil and Poland are also investigating the feasibility of incorporating Bitcoin into their national treasuries.
