texas

The state of Texas has made history by becoming the first U.S. state to not only approve the creation of a Bitcoin reserve but also officially fund it with public money. Governor Greg Abbott signed Senate Bill 21 over the weekend, approving an allocation of $10 million for the creation of an independent Strategic Bitcoin Reserve.
This reserve will be managed separately from the state’s main treasury and will be overseen by the Texas Comptroller of Public Accounts, with a three-member advisory committee composed of experts in crypto investments. Only cryptocurrencies with a market capitalization exceeding $500 billion are allowed in the reserve – which currently applies exclusively to Bitcoin.

🔹 How Texas Differs From Other States
Unlike Arizona or New Hampshire, which passed similar legislative proposals but didn’t fund them, Texas is taking real action – both legally and financially.
Governor Abbott also signed a companion bill, HB4488, which ensures the Bitcoin reserve cannot be diverted back into the general state revenue fund. This legal safeguard protects the new tool from political interference.

💰 Bitcoin as a Hedge Against Inflation
The reserve is designed to strengthen the state’s long-term financial resilience and act as a potential hedge against inflation. This move could signal the start of a new era, in which governments diversify their reserves beyond traditional assets like gold or bonds into digital currencies.
Beyond direct BTC purchases, the fund may also grow through airdrops, forks, investment gains, or public crypto donations. A full public report on the reserve’s performance and holdings will be released every two years.

🧭 Broader Context: Trump, Nakamoto Holdings, and Corporations
This move comes as the debate around Bitcoin in the U.S. increasingly shifts from the private to the political sphere. Donald Trump’s administration has already announced its intention to create a national crypto reserve, and more states are exploring Bitcoin as a state asset.
The trend is mirrored in the corporate world. Nakamoto Holdings, led by Trump’s crypto advisor David Bailey, recently raised $51.5 million through a PIPE deal to buy more BTC. Meanwhile, France-based Blockchain Group purchased 182 BTC for $19.6 million, raising its total reserves to 1,653 BTC.
Data from BitcoinTreasuries.net shows that more publicly traded companies are adding Bitcoin to their balance sheets, often via state bond strategies.

#Texas , #bitcoin , #CryptoReserve , #CryptoAdoption , #BTC

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The State of Texas has officially established the United States’ first state-funded Bitcoin reserve, allocating $10 million toward the digital asset under the newly signed Senate Bill 21 (SB21). The legislation, approved by Governor Greg Abbott over the weekend, positions Texas at the forefront of sovereign crypto adoption in the U.S.
BREAKING: TEXAS TO BUY $10 MILLION WORTH OF #BITCOIN FOR STRATEGIC RESERVE – COINDESKIT COULD BE THE 1st STATE TO BUY BTC. ABSOLUTELY MASSIVE 🔥🔥🔥 pic.twitter.com/rh4YNC7JgN— The Bitcoin Historian (@pete_rizzo_) June 23, 2025
Unlike other states such as Arizona and New Hampshire, which passed symbolic crypto reserve bills, Texas has backed its initiative with real capital and a long-term strategy, marking a milestone moment for Bitcoin’s integration into government-backed financial policy.
Strategic Bitcoin Reserve Becomes Reality in Texas
Under SB21, the Texas Strategic Bitcoin Reserve will be maintained separately from the state’s general treasury. The Texas Comptroller of Public Accounts will manage the reserve, supported by a three-member crypto advisory committee comprised of digital asset investment experts.
Only cryptocurrencies with a market capitalization over $500 billion are eligible for inclusion, effectively limiting the reserve to Bitcoin at present.
Governor Abbott also signed a companion bill, HB 4488, which legally shields the Bitcoin reserve from traditional “fund sweeps” that redirect unused funds back to general state coffers. The reserve may also grow through airdrops, forks, investment gains, or public crypto donations, with performance reports published biennially.
A Move in Line with National Pro-Crypto Sentiment
Texas’s Bitcoin reserve comes on the heels of growing national-level crypto momentum, spurred in part by President Donald Trump’s pro-Bitcoin stance. Trump has previously backed the idea of a national crypto reserve, although his administration has suggested it be budget-neutral, funded through seizures or crypto bond issuance rather than direct state allocations.
This rising support is now mirrored at the state level, as Texas emerges as a pioneer in digital asset-based fiscal policy, especially in the face of persistent inflation and macroeconomic uncertainty.
Corporations and Governments Eye Bitcoin for Treasury Diversification
Texas’s bold move reflects a larger trend of Bitcoin adoption as a sovereign financial instrument. According to data from BitcoinTreasuries, the private sector continues to mirror this behavior.
Just last week:
Nakamoto Holdings, led by Trump’s crypto adviser David Bailey, raised $51.5 million through a PIPE deal to buy more BTC.The Blockchain Group, a Paris-listed firm, purchased 182 BTC for $19.6 million, increasing its total holdings to 1,653 BTC.
The move by Texas is likely to fuel further adoption at both public and corporate levels, as Bitcoin continues to gain traction as a long-term hedge and asset diversification tool.
The post appeared first on CryptosNewss.com
#BitcoinReserve #Texas #TexasBitcoinReserve $BTC

The cryptocurrency market is witnessing remarkable progress with a series of positive news, affirming Bitcoin's increasingly solid position in both public finance and business. This is clear evidence that the acceptance of cryptocurrency is not limited to the individual level but has infiltrated large institutions.
Texas leads with an independent Bitcoin reserve
#Texas has just made history by becoming the first state in the United States to establish an independent Bitcoin reserve funded by public money. Governor Greg Abbott signed Senate Bill 21, paving the way for the allocation of $10 million in the budget to purchase Bitcoin.

Listen, the interesting news is that on June 21, 2025, Texas Governor Greg Abbott signed SB 21 into law, which launches the so—called Texas Strategic Bitcoin Reserve. This means that Texas will now officially start buying and storing bitcoins as a financial reserve, as previously only two states — Arizona and New Hampshire - did. So Texas is now third on this list.
That's how it's going to work. This fund will be managed by the Controller of Public Accounts, not the Ministry of Finance, but by a separate body. Money for bitcoins will be taken from various sources: budget allocations, donations in cryptocurrency, special fees, and investment income. At the same time, the law clearly regulates how to buy, store and sell digital assets so that there is no self-activity and risk.
But that's not the only trick. The law has a rule built into it: you can only buy cryptocurrencies with a market capitalization of over $500 billion over the past 12 months. In fact, this now means that the fund will focus almost exclusively on bitcoin — it is the only one that meets this criterion. So the state insures itself against investments in unstable or hype tokens.
Interestingly, the path to the adoption of this law was not quite straight. The bill was reviewed, control mechanisms and restrictions were added to prevent speculative use of state funds. In addition, Texas passed another law last year, HB 4488, which prohibited the transfer of money set aside for a reserve in bitcoin to the general budget. That is, the foundation has already been laid in advance.
Proponents of this idea say that the digital reserve will protect against inflation, make the state's finances more stable and allow Texas to be at the forefront in the field of digital assets.
Now I'm thinking: Is this a real step towards a new economy or just a political move to look progressive? What do you think about it?
$BTC #bitcoin #Texas #BTC #CryptoNewss

Texas has officially become the third U.S. state to approve the establishment of a public Bitcoin reserve fund, with new laws allowing for direct cryptocurrency purchases. Governor Greg Abbott signed Senate Bill 21 into law on Friday, officially establishing the state’s Strategic Bitcoin Reserve Fund and placing Texas among the pioneering states in integrating digital assets into public finance.

#Texas has officially passed a new law to set up a Strategic Bitcoin Reserve. This means the state government will start buying and holding #Bitcoin as a financial asset.
Key Points:
▶️ The reserve will be managed by the state and stored safely (in cold storage).
▶️ Only large cryptocurrencies, like Bitcoin (with over $500 billion in market value), are allowed.
▶️ People can also donate Bitcoin to the fund.
▶️ The goal is to protect Texas’s economy and prepare for the future.
With this move, Texas becomes one of the first U.S. states — along with New Hampshire and Arizona — to officially create a Bitcoin reserve.
This could be a major step toward wider Bitcoin adoption in the United States. What do you think about it?

$BTC $ETH #BTCPrediction #GENIUSActPass #StrategicBitcoinReserve