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Texas Governor Greg Abbott signed Senate Bill 21 and House Bill 4488 into law
Texas became the third U.S. state to establish a strategic Bitcoin reserve
Senate Bill 21 (SB21), also called the “Texas Strategic Bitcoin Reserve Act,” authorizes the establishment of the Texas Bitcoin reserve
The Texas Strategic Bitcoin Reserve is a state‑managed fund that will purchase and hold Bitcoin outside the regular treasury system as a long‑term asset for the state
Texas House Bill 4488, signed alongside SB 21 protects the Texas Strategic Bitcoin Reserve from being moved into the state’s general revenue fund and confirms its legal status even before any Bitcoin is bought

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Texas becomes third state to establish Bitcoin reserve

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