Texas made historical past this week by changing into the primary US state to include cryptocurrencies into its treasury technique, buying $10 million in Bitcoin (BTC).
Texas Leverages BlackRock’s Bitcoin ETF
Market professional MartyParty disclosed on social media platform X (previously Twitter) that this funding was executed on November 25, 2025, by means of BlackRock’s spot Bitcoin exchange-traded fund (ETF).
This strategic transfer positions Texas as a trailblazer in state-level cryptocurrency adoption, reflecting a rising institutional curiosity in Bitcoin as a hedge towards inflation and as a car for monetary innovation.
The initiative is rooted in legislative actions encapsulated in Senate Invoice 21 (SB 21), referred to as the Texas Strategic Bitcoin Reserve and Funding Act.
Signed into legislation by Governor Greg Abbott on June 20, 2025, this invoice was sponsored by State Senator Charles Schwertner and garnered bipartisan help, passing the Senate with a vote of 25-5 in March and the Home with a 101-42 vote in Could.
Setting A Precedent Forward Of Arizona And New Hampshire
MartyParty famous that the allocation of $10 million represents a mere 0.0004% of Texas’s biennial funds, which totals roughly $338 billion.
Importantly, this funding establishes a standalone reserve managed independently by the Texas Comptroller of Public Accounts, thereby shielding it from routine fiscal sweeps.
This reserve is designed to carry Bitcoin and doubtlessly different cryptocurrencies which have a market cap exceeding $500 billion. Moreover, Texas residents may have the choice to donate Bitcoin to additional improve this reserve.
The execution of this buy marks the primary occasion of taxpayer-funded state acquisition of Bitcoin. MaryParty highlighted states like Arizona and New Hampshire, which have handed related authorization payments. Nevertheless, they’ve but to commit public funds into such digital asset treasuries.
As of press time, the main cryptocurrency was buying and selling at $86,930, down roughly 3% during the last 24 hours.
Featured picture from DALL-E, chart from TradingView.com
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