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Texas Moves Closer to Historic Bitcoin Reserve as SB 21 Advances

Texas is on the verge of making financial history as Senate Bill 21 (SB 21) which proposes a state **Bitcoin reserven advances to its second reading in the House.

If passed, Texas would become one of the first governments worldwide to **hold Bitcoin as a treasury asset, alongside gold and oil.

Supporters argue that a state-backed BTC reserve would strengthen Texas’ financial independence, attract crypto investment, and hedge against inflation. Opponents, however, remain cautious about market volatility and regulatory challenges.

With growing momentum, the bill could soon become law, setting a global precedent for Bitcoin adoption in public finance. A final decision is expected soon.