List of Flash News about state BTC allocation
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2025-05-06 17:30 |
New Hampshire Allocates Up to 5% of Treasury to Bitcoin: Bullish Signal for Crypto Market in 2025
According to MilkRoadDaily, New Hampshire Governor Kelly Ayotte has officially signed a bill permitting the state to allocate up to 5% of its total treasury reserves into Bitcoin (BTC), making New Hampshire one of the first U.S. states to formally integrate BTC into its treasury management strategy (source: MilkRoadDaily, May 6, 2025). This move provides institutional credibility for Bitcoin, potentially encouraging other states and government entities to consider similar strategies. For traders, this development is seen as a strong bullish signal, increasing both confidence and potential demand for BTC as a treasury asset, which could drive up trading volumes and price action in the broader cryptocurrency market. |