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$BTC Possible next favorable news
Recently, the Governor of Texas posted a message on X, expressing support for the Bitcoin Strategic Reserve Bill,
This bill SB 21 was passed by the state House on May 21 and is currently awaiting the governor's signature. Previously, we believed the possibility of the governor signing the bill was only 70%,
but now the governor has clearly expressed support, so the bill will 100% be signed, and it is expected to take effect around June 10, 2025.
Texas will become the third U.S. state to establish a state-level Bitcoin strategic reserve, following New Hampshire and Arizona.
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