A historic move just landed: Texas became the pioneer U.S. state to officially hold Bitcoin on its balance sheet.
They've committed $5M to IBIT exposure and greenlit another $5M for direct BTC custody. What makes this fascinating? The timing. While ETF inflows are cooling off and political momentum elsewhere hits pause, Texas is doubling down.
This isn't just a state buying crypto—it's a statement about institutional conviction when others are stepping back.
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A historic move just landed: Texas became the pioneer U.S. state to officially hold Bitcoin on its balance sheet.
They've committed $5M to IBIT exposure and greenlit another $5M for direct BTC custody. What makes this fascinating? The timing. While ETF inflows are cooling off and political momentum elsewhere hits pause, Texas is doubling down.
This isn't just a state buying crypto—it's a statement about institutional conviction when others are stepping back.