New Hampshire has become the first U.S. state to establish a cryptocurrency reserve, following the passage of H.B. 302, signed into law Monday by Gov. Kelly Ayotte. The law permits the state treasurer to invest up to 5% of state funds in precious metals and digital assets with market capitalizations exceeding $500 billion—effectively prioritizing bitcoin.
“New Hampshire is once again First in the Nation!” Ayotte wrote on X. State Republicans praised the bill as a step toward advancing digital commerce and financial innovation.
The move comes amid a broader crypto push on the federal level, where President Trump signed an executive order in March to create a federal bitcoin reserve using crypto seized in financial crimes. The order also instructed the Treasury and Commerce Departments to explore strategies for acquiring additional bitcoin without new taxpayer costs.
While states like Arizona, Florida, and Pennsylvania have rejected similar measures, New Hampshire’s adoption signals growing state-level alignment with Trump’s digital asset policy agenda.
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