{"id":160678,"date":"2025-06-22T11:00:11","date_gmt":"2025-06-22T08:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160678"},"modified":"2025-06-22T00:50:34","modified_gmt":"2025-06-21T21:50:34","slug":"texas-joins-the-bitcoin-reserve-club-authorizes-state-level-btc-holdings","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/texas-joins-the-bitcoin-reserve-club-authorizes-state-level-btc-holdings\/","title":{"rendered":"Texas Joins the Bitcoin Reserve Club, Authorizes State-Level BTC Holdings"},"content":{"rendered":"<p><span style=\"font-family: inherit;\">Governor Greg Abbott signed Senate Bill 21 into law, empowering the Texas Comptroller to allocate state resources into Bitcoin as part of a newly created fund operating outside the traditional treasury system.<\/span><\/p>\n<p>The new legislation marks a significant shift in how states interact with crypto, positioning Texas not just as a mining hub, but as a long-term holder of Bitcoin. Under the provisions of SB 21, the state is now authorized to acquire and manage BTC directly, building what it terms a Strategic Bitcoin Reserve. The reserve will be administered independently from the main state budget, offering a dedicated mechanism for digital asset investment.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solaxy-set-to-launch-as-solanas-first-layer-2-after-raising-56-million-best-crypto-to-buy\/\" title=\"Solaxy Set to Launch as Solana\u2019s First Layer 2 After Raising $56 Million: Best Crypto to Buy?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/06\/Screenshot-2025-06-20-at-1.16.18-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solaxy Set to Launch as Solana\u2019s First Layer 2 After Raising $56 Million: Best Crypto to Buy?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The bill passed the state Senate earlier this year with a solid majority vote of 101 to 42, following months of debate and lobbying from crypto advocacy groups. One of the bill\u2019s most vocal supporters, Dennis Porter of the Satoshi Action Fund, confirmed the signing shortly after it was finalized, hailing the move as a historic step in aligning government finance with digital innovation.<\/p>\n<p>Texas now follows in the footsteps of other pro-Bitcoin states that have begun to explore how cryptocurrency can play a role in public finance and long-term fiscal resilience. The Lone Star State\u2019s decision may encourage others to follow suit, especially as regulatory clarity improves at the federal level and the political tone around Bitcoin continues to shift.<\/p>\n<p>Further details on how the fund will be managed and how much Bitcoin the state plans to accumulate are expected to emerge in the coming weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas has officially become the third U.S. state to establish a government-run Bitcoin reserve, signaling a growing trend of digital asset adoption at the state level.<\/p>\n","protected":false},"author":9,"featured_media":100823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-160678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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