Texas Signs Strategic $BTC Reserve Bill Into Law


Governor Greg Abbott has signed SB 21, making Texas the third state to establish a strategic $BTC reserve fund.


The standalone, publicly funded reserve operates outside the state treasury, under Texas Comptroller Glenn Hegar's management.


Texas follows Arizona and New Hampshire but has become the first state with a dedicated publicly funded #Bitcoin reserve structure.


State Senator Charles Schwertner defended the bill in February, saying Texas should evaluate "the best performing asset over the last 10 years."


Abbott also signed HB 4488, protecting the $BTC reserve from periodic fund-sweeps to general revenue.


Texas Blockchain Council President Lee Bratcher expects tens of millions in state investment despite being modest for Texas's size.


This legislation represents growing #state-level adoption of $BTC as a legitimate treasury asset across America.

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June 22, 2025 at 11:47 PM
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