Texas has made history as the first U.S. state to launch a publicly funded Bitcoin reserve, allocating $10 million under the newly signed Senate Bill 21 by Governor Greg Abbott. This strategic move establishes the Texas Strategic Bitcoin Reserve as a standalone fund managed by the Texas Comptroller, designed to hold Bitcoin as a long-term financial asset and hedge against inflation and economic volatility. The reserve is legally protected from being swept into the state's general revenue by companion legislation HB 4488. This initiative signals Texas's leadership in embracing digital finance and sets a precedent for state-level crypto adoption.

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