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Texas Makes History: State Treasury to Hold Bitcoin Reserves, Opens Public Crypto Purchases

Texas Makes History: State Treasury to Hold Bitcoin Reserves, Opens Public Crypto Purchases

Published:
2025-06-23 09:31:00
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Texas just rewrote the rulebook on state finance—with cold, hard Bitcoin.

The Lone Star State's new law mandates BTC reserves in its treasury while greenlighting public crypto buys. No more begging Wall Street for permission—citizens can now stack sats alongside their state government.


From Oil Barrels to Bitcoin Nodes

Texas' energy-rich economy just added digital gold to its balance sheet. The move positions the state as a crypto pioneer while giving middle fingers to both the Fed and legacy finance brokers charging 2% for the privilege of holding your cash.


The Fine Print

Implementation details remain scarce, but insiders confirm the treasury will custody BTC like foreign reserves. Public purchase options are expected through licensed exchanges—because even revolution needs some paperwork.

As traditional banks scramble to explain why their 'blockchain divisions' still can't settle transactions in under three days, Texas just future-proofed its economy. The only question: which state copies them next?

Texas Legislature Bill SB 21 details

Texas Legislature Bill SB 21 details – Source: capitol.texas.gov

Texas Bitcoin Reserve Law Spurs State-Backed Crypto Strategy Push

Protected Investment Framework Enables Public Bitcoin Purchases

Texas Strategic Bitcoin Reserve bill text

Texas Strategic Bitcoin Reserve bill text – Source: capitol.texas.gov

The Texas bitcoin reserve law establishes the Texas Strategic Bitcoin Reserve through Senate Bill 21, which was signed into law on June 20, 2025. This government Bitcoin strategy authorizes the state Comptroller to buy, sell, hold, and also manage Bitcoin investments, creating a dedicated fund for Texas public crypto buying operations at the time of writing.

State-backed crypto reserves under this Bitcoin legal framework Texas has created require digital assets to maintain an average market capitalization of at least $500 billion over 24 months. This threshold currently limits investments to Bitcoin, though the framework could also accommodate other qualifying cryptocurrencies.

Security and Operational Guidelines Structure Investment Process

Texas Comptroller office building with Bitcoin symbols

Texas Comptroller office building with Bitcoin symbols – Source: Cryptonomist

The Texas Bitcoin reserve law mandates institutional-grade custody arrangements through qualified custodians or liquidity providers. Digital assets can enter state-backed crypto reserves through multiple pathways including direct purchase, forks, airdrops, or donations, providing flexibility for Texas public crypto buying strategies at this time.

House Bill 4488 provides additional legal protections, exempting the reserve from legislative sweeps that could redirect funds to general state purposes. This ensures the government Bitcoin strategy maintains financial independence and also cannot be dissolved by future legislatures.

The legislation requires biannual public reporting on reserve performance and status, with an advisory committee providing oversight while the Comptroller retains ultimate authority over investment decisions under the Bitcoin legal framework Texas has established right now.

The Texas Bitcoin reserve law positions the state as the third to authorize public cryptocurrency investments, but the first to establish comprehensive legal protections for state-backed crypto reserves. This Bitcoin policy of this government acts as a guard against inflation and economic fluctuations and Texas public purchases of crypto can be a strategic method of diversification rather than speculation in the strengths of our legal system with strong guidelines which Texas has now enacted to follow with Bitcoin.

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