State Senator Charles Schwertner authored Senate Bill 21

Quotes that support claims

Authored by Senator Charles Schwertner, SB 21, also known as “The Texas Strategic Bitcoin Reserve Act,” aims to enable the establishment of a Bitcoin reserve outside the state treasury that the state comptroller will manage.

"We can buy land, we can buy gold; I think the state of Texas should have the option of evaluating the best performing asset over the last 10 years," the bill's author, State Senator Charles Schwertner, said in February.