In a historic move, Texas has officially committed $10 million to purchase Bitcoin as part of a state-backed digital asset reserve! 🏛️💰
📝 Key Details:
Governor Greg Abbott has signed Senate Bill 21 into law.
Texas will actively buy and hold Bitcoin—beating states like Arizona and New Hampshire, which passed laws but didn’t allocate funds.
Companion House Bill 4488 ensures this Bitcoin can’t be pulled into general state revenue.
This makes Texas the first U.S. state with a fully funded, sovereign BTC reserve. 🥇⚡
📉 Meanwhile, the federal government under Trump is planning a national crypto reserve, but only using seized assets or crypto bonds—no upfront funding like Texas.
🧠 Why it matters: This move isn’t just about crypto hype—it signals a shift in financial strategy, where Bitcoin is treated like gold, a strategic asset for long-term state wealth protection.
👀 The Lone Star State is leading the digital frontier. Will others follow?
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