Texas Passes Bill Establishing Strategic Bitcoin Reserve and Sovereign Mining Facility
Governor Abbott signs SB 21 into law, formally establishing the Texas Strategic Bitcoin Reserve Fund enabling the state comptroller to acquire and hold Bitcoin directly.
How Much Bitcoin
$1,033,100,000 (10,000 BTC
BTC Price Then
$103,292
Price Change
-7%
Location
United States
Frequently Asked Questions
Who is adopting Bitcoin in "Texas Passes Bill Establishing Strategic Bitcoin Reserve and Sovereign Mining Facility"?
State of Texas Treasury (Government) is the entity adopting or allocating into Bitcoin in United States.
What type of entity is State of Texas Treasury?
State of Texas Treasury is classified as a Government in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$1,033,100,000 (10,000 BTC acquired directly as spot Bitcoin.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $103,292 per BTC (a -7% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Fri, Jun 20, 2025.
Where is this Bitcoin adoption taking place?
This adoption is attributed to United States.
What is the source of this Bitcoin adoption story?
Originally reported by Texas Legislature (SB 21) and indexed from the original report.
Originally reported by Texas Legislature (SB 21)
Read the original report