Texas executed its $10 million Bitcoin reserve buy on November 20 via BlackRock’s IBIT, securing exposure at $87,000 per coin.

Senate Bill 21, signed in June, earmarks the funds for diversification, with self-custody slated post-RFP for secure storage.

As the first state-led acquisition, it pioneers public BTC holdings, potentially inspiring peers amid federal reserve talks.

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Texas executed its $10 million Bitcoin reserve buy on November 20 via BlackRock’s IBIT, securing exposure at $87,000 per coin. ⠀ Senate Bill 21, signed in June, earmarks the funds for diversification, with self-custody slated post-RFP for secure storage. ⠀ As the first state-led acquisition, it pioneers public BTC holdings, potentially inspiring peers amid federal reserve talks. ⠀ Join the free telegram in our bio for daily crypto news and insights 📲
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