Texas becomes first US state to buy Bitcoin for treasury reserve, investing $10M via BlackRock’s ETF ahead of planned ...

The state of Texas recently purchased about $5 million worth of Bitcoin through a BlackRock-administered exchange-traded fund ...

Texas has become the first US state to officially purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and authorizing another $5 million for direct, ...

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 ...

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.

The state has purchased around $5 million worth of bitcoin through an exchange-traded fund. The move was made possible by ...

Texas becomes the first U.S. state to purchase Bitcoin for its treasury, acquiring $10M in BTC through BlackRock’s ETF, ...

Texas’ Bitcoin reserve initiative under SB 21 signals a shift in how governments may approach digital assets and how it could influence the financial system at a macro level. Texas became the first US ...