Texas Makes History: Becomes Latest State to Hoard Bitcoin in Official Reserves
Texas just flipped the script on traditional finance—state lawmakers greenlit Bitcoin as part of its official reserve assets. Move over, gold bars.
Why this matters
States aren’t just dipping toes in crypto anymore—they’re diving in headfirst. Texas joins a growing club of governments treating BTC like digital Fort Knox.
The fine print
No details yet on how much BTC they’ll stack, but the political signal screams louder than a Bitcoin maxi at a Fed meeting. Watch for other red states to follow suit before the 2026 midterms.
Wall Street’s worst nightmare?
Imagine state pension funds allocating to BTC while BlackRock still charges 2% fees for ‘exposure.’ The irony writes itself.
Solaxy Set to Launch as Solana’s First Layer 2 After Raising $56 Million: Best crypto to Buy?
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’s 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.
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’s 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.
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.
