Texas könnte möglicherweise bis zu 2,1 Mrd. USD in Bitcoin investieren, wenn es 10% seines Finanzministeriums zuteilt
Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
Texas könnte möglicherweise bis zu 2,1 Mrd. USD in Bitcoin investieren, wenn es 10% seines Finanzministeriums zuteilt
Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
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tldr; Texas Governor Greg Abbott signed the ‚Bitcoin Reserve Bill‘ SB 21 into law, enabling the state to invest an unlimited amount of its treasury fund into Bitcoin. The law establishes the Texas Strategic Bitcoin Reserve, allowing the Comptroller to buy Bitcoin if its market cap exceeds $500 billion. With $21 billion in its Economic Stabilization Fund, Texas could allocate up to $2.1 billion in Bitcoin if it chooses to invest 10% of its fund, potentially becoming the largest public-sector Bitcoin holder in the US.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Its only a small number now but when countries get on board with having Bitcoin in their reserves, the price is going to go ballistic, to the moons of Neptune ballistic.
These states and random companies is just the start. Reserves of gold will still be on the cards but Bitcoin will take over. Good time to be in this space.
„Could“ + „if“ = won’t happen