Bitcoin Reserve Established as Texas Becomes First State to Invest Public Funds

Texas has made history as the first U. S. state to allocate public funds to a dedicated Bitcoin Reserve, following Governor Greg Abbott’s signing of Senate Bill 21, which establishes a state-managed fund treating Bitcoin as a long-term financial asset. Under the new legislation, the Texas Strategic Bitcoin Reserve will function separately from the state’s general treasury, with the goal of boosting financial stability and offering a potential hedge against inflation source: https://news.shib.io/2025/06/23/bitcoin-reserve-established-as-texas-becomes-first-state-to-invest-public-funds/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reserve-established-as-texas-becomes-first-state-to-invest-public-funds