On May 7, the governor of New Hampshire signed HB 302, making New Hampshire the first state in the U.S. to adopt a "Liberty or Die" national monetary policy framework that directly adopted Satoshi Action's Strategic Bitcoin Reserve (SBR) Model Act. Contents of HB 302: · Allow state treasury to buy bitcoin and top digital assets – authorize reserves to buy up to $500 billion in bitcoin (full stop only). Holding is capped at 5% of the state's total funds – ensuring that Bitcoin complements the state's broader investments. Enforce U.S. regulatory custody – Assets must be held by state-controlled multisig or through U.S. exchange-traded products for maximum security and transparency. Effective 60 days after entry – provides a clear operating framework for reserves and stacks. "Satoshi Action drafted the model, New Hampshire enshrined it into law, and now every state fiscal officer can follow that roadmap," said Dennis Porter, CEO and founder of Satoshi Action, "The HB 302 Act allows them to protect the most secure money network on the planet. New Hampshire didn't just pass a bill; It sparked a movement." Satoshi Action is a non-profit policy organization dedicated to educating legislators and regulators about innovation in Bitcoin and digital assets. After passing six pro-Bitcoin laws, more than 20 introductions to the Strategic Bitcoin Reserve Act, 220,000 voter letter generation, and 12 academic papers published (peer-reviewed), Satoshi Action is a leading voice for practical, bipartisan Bitcoin policy.
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New Hampshire SBR allows a Bitcoin holding limit of 5% of the state's total funds.
On May 7, the governor of New Hampshire signed HB 302, making New Hampshire the first state in the U.S. to adopt a "Liberty or Die" national monetary policy framework that directly adopted Satoshi Action's Strategic Bitcoin Reserve (SBR) Model Act. Contents of HB 302: · Allow state treasury to buy bitcoin and top digital assets – authorize reserves to buy up to $500 billion in bitcoin (full stop only). Holding is capped at 5% of the state's total funds – ensuring that Bitcoin complements the state's broader investments. Enforce U.S. regulatory custody – Assets must be held by state-controlled multisig or through U.S. exchange-traded products for maximum security and transparency. Effective 60 days after entry – provides a clear operating framework for reserves and stacks. "Satoshi Action drafted the model, New Hampshire enshrined it into law, and now every state fiscal officer can follow that roadmap," said Dennis Porter, CEO and founder of Satoshi Action, "The HB 302 Act allows them to protect the most secure money network on the planet. New Hampshire didn't just pass a bill; It sparked a movement." Satoshi Action is a non-profit policy organization dedicated to educating legislators and regulators about innovation in Bitcoin and digital assets. After passing six pro-Bitcoin laws, more than 20 introductions to the Strategic Bitcoin Reserve Act, 220,000 voter letter generation, and 12 academic papers published (peer-reviewed), Satoshi Action is a leading voice for practical, bipartisan Bitcoin policy.