Texas Makes $10M Bitcoin Play

[kevin1]

Texas has taken a major step into crypto finance, purchasing $5 million of BlackRock’s spot Bitcoin ETF with another $5 million earmarked for self-custodied BTC.
The state is finalizing its own custody process, part of a broader plan to build a strategic Bitcoin reserve authorized by Governor Greg Abbott earlier this year.
Officials say this marks the beginning of Texas treating BTC as a long-term financial asset.

[Nahid Hossen]

A bold $10M Bitcoin move—Texas is clearly betting big on crypto.

[Abdul Khan]

This could inspire other states to explore strategic BTC allocations.