New Hampshire just made crypto history. On May 6, 2025, the state passed HB 302, becoming America’s first to allow Bitcoin investments in its treasury. The groundbreaking law, championed by Republican Rep. Keith Ammon, sets strict criteria: only digital assets worth over $500 billion qualify, effectively limiting it to Bitcoin. With regulated custody methods and a 5% cap on holdings, New Hampshire’s bold move could spark a nationwide trend in public finance innovation.
New Hampshire just shook up the cryptocurrency world. On May 6, 2025, the “Live Free or Die” state became the first in America to give Bitcoin the official green light, passing a groundbreaking law that lets the state treasury invest in cryptocurrency. It’s a pretty big deal.
New Hampshire made history, becoming America’s first state to legally embrace Bitcoin for treasury investments in 2025.
The Strategic Bitcoin Reserve law, also known as HB 302, didn’t happen overnight. It took three years of pushing and prodding, led by Republican Rep. Keith Ammon and backed by the New Hampshire Blockchain Council. The bill’s framework came from the Satoshi Action Fund, a nonprofit that’s been itching to get Bitcoin into government coffers. With states like Arizona and Florida failing to pass similar legislation, New Hampshire’s success stands out even more. Satoshi Action has successfully helped pass six pro-Bitcoin laws across different states.
Here’s the catch – the law’s pretty strict about what counts as investment-worthy crypto. Only digital assets worth more than $500 billion make the cut. Right now, that’s basically just Bitcoin. Sorry, altcoin fans. The move aligns with broader market trends, as institutional adoption continues to drive cryptocurrency growth in 2025.
The state’s also playing it safe with a 5% cap on total crypto holdings. No going all-in on this crypto experiment.
They’re not messing around with security either. The law demands U.S.-regulated custody methods, including state-controlled multisig wallets and qualified custodians. It’s like Fort Knox for digital assets, minus the gold bars (though they can invest in precious metals too).
Governor Kelly Ayotte couldn’t resist a victory lap on social media, trumpeting New Hampshire’s “First in the Nation” status. The state’s House Republicans were pretty pumped too, seeing it as a perfect fit for their libertarian-leaning state.
Even Democrats got on board – turns out blockchain technology has fans on both sides of the aisle.
Dennis Porter, the CEO of Satoshi Action Fund, is already calling this law a blueprint for other states. He might be right. New Hampshire just went from “no crypto investment allowed” to “bring on the Bitcoin” in one legislative swoop.
It’s a massive shift in state financial policy, and everyone’s watching to see if this experiment pays off. The crypto world just got a little more interesting, thanks to one small New England state’s big move.
