Emre Yumlu 
Two crypto reserve bills in Arizona pass their third readings in the Senate and are preparing to head to the House.
Arizona Senate Advances Bitcoin Reserve Bill
The Arizona Senate has advanced a Bitcoin reserve bill, placing it second in the race among U.S. states to pass a crypto investment bill, behind Utah.
On February 27, the Senate passed the Strategic Digital Assets Reserve Bill (SB 1373) on its third reading with a vote of 17 in favor and 12 against. The bill now heads to the state’s House of Representatives.
The bill, supported by Republican Senator Mark Finchem, proposes the creation of a “Digital Assets Strategic Reserve Fund” managed by the state treasurer. This fund will consist of money appropriated by lawmakers and crypto seized by the state.
The treasurer is limited to investing no more than 10% of the total fund deposits in any fiscal year but may loan digital assets from the fund to generate returns as long as it doesn’t increase financial risks to the state.
Satoshi Action Fund founder Dennis Porter, in a February 28 post on X, stated, “Whether you like it or not, federal-level legislation will happen in this order: Stablecoins, Market Structure, and Strategic Bitcoin Reserve.”
Another Bitcoin Reserve Bill Advances in Arizona Senate
Another Bitcoin reserve bill, the Strategic Bitcoin Reserve Act (SB 1025), has also passed its third reading in the Arizona Senate. Co-sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, the bill passed on February 27 with a vote of 17 in favor and 11 against.
The bill supported by Rogers and Weninger focuses on granting public funds the authority to invest in crypto assets, while the bill supported by Finchem establishes a special fund for seized digital assets and appropriated funds.
Currently, 18 U.S. states have crypto reserve bills awaiting Senate votes, with only Arizona and Utah in the final stages of the approval process.
Crypto investment bills have been rejected in Montana, Wyoming, North Dakota, South Dakota, and Pennsylvania.
Bitcoin reserve proposals are gaining support across the U.S. due to President Donald Trump’s pro-crypto policies.
Meanwhile, Bitcoin has dropped by 17% over the past seven days, struggling to maintain gains amid economic uncertainty caused by Trump’s sweeping new tariffs.
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