The state of Texas recently purchased about $5 million worth of bitcoin through a BlackRock-administered exchange-traded fund ...
The latest episode of Byte-Sized Insight examines why Texas made a $5 million Bitcoin purchase during a market downturn and ...
Texas becomes first US state to buy Bitcoin for treasury reserve, investing $10M via BlackRock’s ETF ahead of planned ...
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first ...
The move comes after the passage of a senate bill authorizing the comptroller to use public funds to invest in crypto assets.
Key takeawaysTexas became the first US state to add Bitcoin exposure to a state-managed investment portfolio by purchasing ...
The state has purchased around $5 million worth of bitcoin through an exchange-traded fund. The move was made possible by ...
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Texas makes history with first-ever state Bitcoin purchase
Texas becomes the first U.S. state to buy Bitcoin with a $10M purchase through BlackRock’s IBIT as it builds a strategic ...
The Bitcoin price was steady at near $87K as Texas invested $5M in BlackRock’s IBIT ETF, with plans for another $5M BTC buy.
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