Texas has become the first US state to create a publicly funded, stand-alone Bitcoin
Reserve after Governor Greg Abbott signed the Senate’s Bill 21 of the law this weekend. The bill requires the state to establish a bitcoin reserve that is administered independently of the most important treasury, where he joins a small but growing group of states exploring digital asset reserves.
Unlike Arizona and New Hampshire, which passed similar legislation, Texas not only approved the reserve but actively funds. The state will award $ 10 million to buy Bitcoin for the reserve.
The purchase “represents only 0.0004% of the state’s budget, but can create a great influence by sending the signal to both investors and entrepreneurs that Texas understands that future funding is digital,” Lee Bratcher, President of Texas Blockchain Council, told Coindesk.
The news comes months after the Trump administration announced the creation of a national cryptor reserve-this vehicle must be funded in strictly budget neutral ways that, through crypto attacks or by issuing crypto tape.
Abbott also signed Bill HB 4488, a companion measure that protects Bitcoin reserve from routine ‘fund sweeps’ into the state’s general revenue.
The legislation marks a shift in how states can begin to treat digital assets-not only as speculative tools, but as sovereign financial instruments worth keeping long-term.
