New Hampshire Leads the Nation on Digital Assets
On May 6, 2025, Governor Kelly Ayotte signed HB 302 into law, making New Hampshire the first state in the country to establish a Strategic Bitcoin Reserve. While other states talked about it, the Granite State got it done. Bitcoin Magazine
As House Majority Leader, I worked to move this bill through the legislative process alongside Rep. Keith Ammon, a longtime champion of sound money, and advocates at the New Hampshire Blockchain Council. It is the kind of forward-looking policy that keeps New Hampshire ahead of the pack. Nasdaq
What the Law Does
HB 302 allows the state treasurer to invest up to 5 percent of certain state funds in precious metals and in digital assets with a market capitalization above $500 billion. Right now, Bitcoin is the only digital asset that meets that threshold. The law requires those assets to be held through highly secure custody, whether a state-controlled multisig wallet, a qualified custodian, or a U.S.-regulated exchange-traded product. Bloomberg Government
Why It Matters
New Hampshire has always understood that the states that move first win. By becoming the first state with a Strategic Bitcoin Reserve, we sent a clear signal that the Granite State is open to innovation, serious about protecting taxpayer value, and ready to lead on the financial technology of the next generation.
Read the full coverage at Bitcoin Magazine.
