Texas Strategic Bitcoin Reserve
Current status is PROPOSED
Texas has proposed legislation to establish a state Strategic Bitcoin Reserve.
Using rainy day funds, Texas could purchase 237,720 BTC assuming a BTC price of $100,000
Timeline
1/16/2025
PROPOSED
Senator Charles Schwertner introduced Senate Bill 778, which would establish a Strategic Bitcoin Reserve. If passed, Texas would become the first state to create such a reserve.
Read More →12/12/2024
PROPOSED
House Bill 1598 filed by Rep. Capriglione. The bill relates to the establishment of a bitcoin reserve within the state treasury and the management of cryptocurrencies by governmental entities.
Bill: HB 1598Read More →Rainy day fund data source: National Association of State Budget Officers
