Texas is pushing forward with Senate Bill 21 (SB 21) to establish a Strategic Bitcoin Reserve. This move signals the state's commitment to crypto adoption by allowing Texas to hold Bitcoin ($BTC ) as part of its financial strategy. The bill removes the previous $500 million cap, opening doors for larger BTC acquisitions. As Texas strengthens its position in the crypto space, this could set a precedent for other states to explore
Bitcoin and other cryptocurrencies like Ethereum ($ETH ) and Solana ($SOL ) as strategic assets.
