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New Hampshire's strategic Bitcoin reserve allows BTC holdings to be capped at 5% of the state's total funds

2025-05-06 16:45

Odaily Planet Daily News: The Governor of New Hampshire has signed the HB 302 bill, which adopts Satoshi Action's Strategic Bitcoin Reserve (SBR) model bill. The content of HB 302 Act: ·Allow state finances to purchase Bitcoin and top digital assets, and authorize reserves to purchase up to $500 billion in Bitcoin (limited to full stop loss). ·The holding limit is 5% of the state's total funds, ensuring that Bitcoin supplements broader investments in the state. ·Mandatory US regulatory custody requires assets to be held by state controlled multi signature or through US exchange traded products to ensure maximum security and transparency. ·Effective 60 days after implementation, providing a clear operational framework for reserves and stacks.

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