Texas is once again proving it doesn’t want to lag behind when it comes to innovation. Lawmakers in the Lone Star State have just moved the bill to create a state-managed Bitcoin reserve into its third reading — and all signs point to a smooth approval process.
🗳️ Clear Support in the House – Bitcoin Gets the Green Light
The bill received broad bipartisan support. It passed the second reading without opposition, and analysts say it’s only a matter of time before the governor signs it into law. The Bitcoin reserve would be overseen by the Texas Comptroller of Public Accounts — meaning it would be fully state-run and transparent.
Dennis Porter, CEO of SatoshiActFund and a key advocate for state-level crypto policy, shared the news on X, confirming that the third reading is set for the following day.
📈 Texas Wants to Lead the Pack
Texas isn’t the first to go down this path. Arizona and New Hampshire have already established their own strategic Bitcoin reserves — and more U.S. states are lining up to join.
It all started back in March, when President Donald Trump signed an executive order creating a national Bitcoin reserve. Since then, a crypto gold rush has kicked off, with various states scrambling to pass their own versions of the legislation.
🌍 The Bitcoin Reserve Trend Goes Global
Interest in strategic Bitcoin reserves is now spreading beyond U.S. borders:
🔹 Ukraine is planning to launch the first national Bitcoin reserve in the EU, with backing from Binance, which will serve as a strategic partner.
🔹 Conor McGregor, former UFC champion, is reportedly working on an Irish Bitcoin reserve, and has scheduled a meeting with El Salvador’s President Nayib Bukele, known for his bold Bitcoin initiatives.
💸 Bitcoin Price Reacts – And Keeps Climbing
As the idea of state-supported Bitcoin holdings gains traction, the price of BTC is following suit. At the time of writing, Bitcoin is trading at $106,000 and steadily approaching a new all-time high.
🔎 Summary
Texas is well on its way to becoming the next U.S. state to establish its own Bitcoin reserve — and it may happen sooner than expected. As Bitcoin shifts from speculative asset to a strategic economic tool, it’s becoming increasingly clear that the future of crypto is now tied to geopolitics and public finance.
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