🚨 BREAKING: Texas House Debates $500M Bitcoin Reserve Bill TODAY 🚨
🗓️ April 23, 2025
🏛️ Senate Bill 21 (SB 21) is on the floor in Texas, proposing the creation of a $500 million/year Strategic Bitcoin Reserve — a first-of-its-kind move by a U.S. state!
🔑 Key Details:
💰 $500M allocated annually to purchase Bitcoin & other top digital assets (market cap > $500B).
🏦 Managed by the Texas Comptroller of Public Accounts.
🔐 Custody handled by qualified third-party custodians.
📘 A Strategic Bitcoin Reserve Advisory Committee will guide the reserve’s operation.
🧠 Why this matters:
If passed, Texas will lead the way in state-level crypto adoption, possibly triggering a domino effect across other U.S. states 👀
🕗 Hearing starts at 8:00 AM CT.
Stay tuned for live coverage via AInvest.
#Bitcoin #TexasCrypto #SB21 #CryptoLegislation #DigitalAssets #InstitutionalAdoption #BTC #CryptoNews
