Texas Goes Full Hodl: State Legislature Greenlights Bitcoin Treasury Reserve
Lone Star lawmakers just fired the starting gun on the most aggressive state-level crypto adoption play yet. Texas’ newly passed bill mandates the creation of a sovereign Bitcoin reserve—effectively turning the state treasury into what gold bugs would call a ’stacker.’
The move makes Texas the first US state to formally treat BTC as a reserve asset, bypassing the federal government’s regulatory paralysis. Expect fireworks when legislators realize they’ll need to explain ’cold storage’ to pension fund managers.
Wall Street analysts are already sharpening their knives—after all, nothing terrifies traditional finance quite like a government that actually understands 21st century money.