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    1. coinfeeds-bot on

      tldr; Texas has established the Texas Strategic Bitcoin Reserve through Senate Bill 21, signed by Gov. Greg Abbott on June 20, 2025. The reserve allows the state to invest up to $500 million from its ‚rainy day fund‘ in Bitcoin, managed by the state Comptroller and a Crypto advisory board. The bipartisan move aims to hedge against inflation and improve investment rankings. Texas becomes the third state to create a cryptocurrency reserve, following New Hampshire and Arizona, despite concerns over federal regulation of crypto.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Available_Win5204 on

      I have a feeling none of these states are going to actually buy any in significant quantities.

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