According to Cas Abbé on Twitter, the Arizona Bitcoin Reserve Bill has successfully passed both the House and Senate, and now requires only the Governor's signature to become law. If signed, the state of Arizona will begin allocating 10% of its new financial reserves into Bitcoin (BTC), marking a significant institutional move to adopt cryptocurrency as a reserve asset. This legislative development introduces increased demand for BTC and may positively impact market liquidity and price action, especially as institutional adoption trends gain momentum. Source: Cas Abbé on Twitter, April 29, 2025.