The Bitcoin bill in New Hampshire was passed by a vote in the House Commerce Committee

The New Hampshire House of Representatives Commerce Committee passed the Bitcoin Reserve Bill (HB302) by a vote of 16 to 1. The bill will now proceed to a full house vote. If finally approved, the state treasurer will be authorized to invest 5% of the state's funds in digital assets, with only Bitcoin currently meeting the $500 billion market value standard stipulated by the law. The bill was proposed by Republican Representative Keith Ammon and supported by two Democratic representatives. After amendments, stable coins and pledge options were removed, and the investment cap was reduced from an initial 10% to 5%. The State Treasurer has indicated that he would consider investing if the bill passes.

This development coincides with President Trump's announcement of establishing a national-level crypto strategic reserve, which experts predict may primarily consist of Bitcoin. Currently, several states including North Carolina and Texas are also advancing similar bills, indicating an accelerating trend in state-level Bitcoin legislation in America.