It's not an outright Strategic Bitcoin Reserve an till now there's no official update from NH state if that's approved.

What HB 302 is actually:

Bill Title: Relative to enabling the state treasury to invest in precious metals and digital assets.

• The bill even does not mention Bitcoin for once.

It says:

Para II is:

So,

This says above 500 B which actually for now is only Bitcoin but what if when any sh*tcoin reaches that cap?

Also,

It'll be held as ETP and by a custodian.