Texas is set to become the first U.S. state to hold Bitcoin in a strategic reserve, pending final approvals. President Trump will announce details on the federal Bitcoin reserve at the White House Digital Assets Summit.

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The bill must still be signed by the governor to be passed into law, and if SB-21 is enacted, Texas will become the first state in the United States to have a digital asset strategic reserve

If passed, Texas could become the first U.S. state to officially hold Bitcoin as part of its financial strategy, setting a precedent for other states to follow

President Trump is expected to provide further details on the federal Bitcoin reserve during the upcoming Digital Assets Summit at the White House tomorrow