Arizona senator vows to reintroduce Bitcoin reserve bill despite governor’s veto

By: cryptosheadlines|2025/05/05 19:30:02
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Arizona State Senator Wendy Rogers says she will bring back her proposed Strategic Bitcoin Reserve (SBR) bill in the next legislative session.This comes after Governor Katie Hobbs rejected the initial bill, marking the first time a sitting US governor has formally blocked such a crypto initiative.Senator Rogers shared her plans over the weekend, expressing disappointment at the decision. She argued that Bitcoin is no longer a fringe idea but a tested financial innovation.She said:“Politicians don’t understand that Bitcoin doesn’t need Arizona. Arizona needs Bitcoin. I will refile my bill next session.”The SBR bill, officially known as Senate Bill 1025, authorized the state treasurer to allocate some of Arizona’s retirement funds to Bitcoin.The bill passed both chambers of the state legislature without changes but was vetoed by Governor Hobbs, who labeled digital currencies as “untested” and risky for long-term savings.Nonetheless, Rogers appears undeterred by the governor’s opposition to her Bitcoin reserve bill, saying a future governor might support the proposal if Hobbs vetoes her refiled bill during the next session.She said:“If she vetoes it again, I am sure Governor Andy Biggs will be happy to take credit for signing the bill for this already proven (16 years!) innovation that will protect our wealth.”Interestingly, data shared by Bitcoin Laws founder Julian Fahrer shows that the Arizona State Retirement System (ASRS) already has indirect exposure to Bitcoin through holdings in Strategy, the largest corporate holder of the top crypto.What’s next for Arizona?Although SB1025 is off the table for now, Arizona’s involvement in crypto legislation is far from over.Another crypto-related proposal, Senate Bill 1373, is still under consideration.Unlike SB1025, this bill doesn’t involve retirement savings. Instead, it seeks to allow the state to retain and manage cryptocurrencies obtained through seizures or appropriated assets.However, it is unclear if the governor would accede to this bill, considering her opposition to SB1025.Meanwhile, market observers have suggested that SB1373, due to its administrative nature, might have a better chance of securing Governor Hobbs’ approval.Mentioned in this articleSource link

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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