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New Hampshire Strategic Bitcoin Reserve allows BTC holdings to be capped at 5% of state funds

2025-05-06 16:44

Odaily News The Governor of New Hampshire signed HB 302, a framework that adopts Satoshi Action’s Strategic Bitcoin Reserve (SBR) model bill. HB 302 contains:
Allow state coffers to purchase Bitcoin and top digital assets, authorizing reserves to purchase up to $500 billion in Bitcoin (full stop loss only).
Holding amounts are capped at 5% of the state’s total coffers, ensuring Bitcoin complements the state’s broader investments.
Enforce U.S. custodianship, where assets must be held by a state-controlled multisig or through a U.S. exchange-traded product to maximize security and transparency.
· It will take effect 60 days after the entry into force, providing a clear operating framework for reserves and stacks.