#TexasBTCReserveBill In December 2024, Texas State Representative Giovanni Capriglione introduced a bill to establish a Strategic Bitcoin Reserve for the state. This legislation aims to allow Texas to accept taxes, fees, and donations in Bitcoin, which would be held in cold storage for a minimum of five years. The initiative seeks to position Texas as a leader in Bitcoin innovation and to strengthen the state's fiscal stability by leveraging Bitcoin as a hedge against inflation. As of February 2025, the bill has advanced in the legislative process, with the Texas Senate scheduling public hearings to deliberate on its implementation. Lieutenant Governor Dan Patrick has prioritized the establishment of a Bitcoin reserve in the state's 2025 legislative agenda, reflecting Texas's commitment to integrating Bitcoin into its financial strategies.
