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Texas State Bitcoin Reserve Gets Closer With Senate Bill Passage

March 6, 2025

Texas Senators on Thursday passed a bill that seeks to create a strategic Bitcoin reserve in the state, pushing the proposal one step closer to becoming law as it next heads to the House of Representatives.

The bill—SB 21—proposes a “state-managed investment fund focused on Bitcoin and other high-market-cap cryptocurrencies.”

A number of U.S. states are trying to pass legislation to hold Bitcoin and other cryptocurrencies.

Editor’s note: This is a breaking news story and will be updated. 

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Mathew Di Salvo

https://decrypt.co/308981/texas-bitcoin-reserve-senate-bill-passed

2025-03-06 19:34:00

byMathew Di Salvo
Updated

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