đš BREAKING: Texas House Debates $500M Bitcoin Reserve Bill TODAY đš
đïž April 23, 2025
đïž Senate Bill 21 (SB 21) is on the floor in Texas, proposing the creation of a $500 million/year Strategic Bitcoin Reserve â a first-of-its-kind move by a U.S. state!
đ Key Details:
đ° $500M allocated annually to purchase Bitcoin & other top digital assets (market cap > $500B).
đŠ Managed by the Texas Comptroller of Public Accounts.
đ Custody handled by qualified third-party custodians.
đ A Strategic Bitcoin Reserve Advisory Committee will guide the reserveâs operation.
đ§ Why this matters:
If passed, Texas will lead the way in state-level crypto adoption, possibly triggering a domino effect across other U.S. states đ
đ Hearing starts at 8:00 AM CT.
Stay tuned for live coverage via AInvest.
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