Texas Senate passed a bill to establish a Bitcoin strategic reserve

Description

The Texas Senate passed SB-21 in a 25-5 vote, advancing a bill to establish a Bitcoin strategic reserve. The bill, introduced by Senator Charles Schwertner, aims to position Texas as a leader in Bitcoin adoption and requires approval from the Texas House before becoming law.

Event date

Mar 6, 2025 - 11:30am

Quotes that support claims

The Texas Senate passed the Bitcoin (BTC) strategic reserve bill SB-21 in a 25-5 vote on March 6

Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, by a vote of 25-5

On Thursday, the Texas state senate passed the so-called SB 21 bill which would allow the state to invest some of the public’s money into digital assets, specifically bitcoin (BTC)

Related people

Charles Schwertner

Tags

Week 10 of 2025