Texas Buys $5M in Bitcoin ETF Signaling New Era of State Level Crypto Reserves
U.S. States Accelerate Plans for Government Bitcoin Holdings as Texas Leads with First Strategic Reserve Framework Texas has taken a historic first step toward establishing what could become the United States’ first fully recognized state-level Bitcoin reserve, purchasing $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT). Although the investment is technically an ETF position…