Texas has made history by passing the Strategic Bitcoin Reserve (SB 21) bill, which authorizes the state government to directly invest in Bitcoin (BTC). Approved in a second legislative session, the bill now only requires the governor’s signature to become law. It would allow Texas to officially hold Bitcoin as part of its state reserves.
If enacted, Texas would become the first U.S. state to recognize Bitcoin as an official reserve asset. The move aims to position BTC as a hedge against economic uncertainty and could serve as a model for other states and nations considering similar policies. This marks a significant shift in state-level crypto adoption and may signal the start of a broader trend in government-backed digital asset strategies.
