New Hampshire has become the first US state to allow its government to invest in cryptocurrencies, including Bitcoin (BTC), after Governor Kelly Ayotte signed a bill passed by the legislature into law. The move, announced on social media by Ayotte on May 6, allows New Hampshire to invest in cryptocurrency and precious metals through the passing of House Bill 302. This bill enables the state treasury to invest in cryptocurrencies with a market capitalization exceeding $500 billion, excluding many tokens and meme coins. New Hampshire Republicans praised the decision, stating that the state is leading the way in commerce and digital assets. With this development, New Hampshire is the first of several US states considering legislation to establish a strategic Bitcoin reserve, potentially including a partnership with the federal government. While a similar bill in Arizona was vetoed by Governor Katie Hobbs on May 2, Florida withdrew two crypto reserve bills from consideration on May 3. The efforts in various states align with proposals at the federal level, where US President Donald Trump signed an executive order in March to create a Digital Asset Stockpile and a Strategic Bitcoin Reserve. Senator Cynthia Lummis introduced the BITCOIN Act, suggesting that the US government could potentially hold over 1 million BTC through forfeiture seizures. This bill is currently under review by the US Senate Banking Committee, indicating a growing trend towards crypto adoption at both state and federal levels in the US.