INSUBCONTINENT EXCLUSIVE:
Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a
against inflation, according to the bill text.Furthermore, only assets with a market capitalization exceeding $500 billion are eligible for
inclusion, a threshold currently met only by Bitcoin (BTC).The fund will be administered by the Texas Comptroller of Public Accounts and
guided by an advisory committee of three crypto investment professionals.Governor Greg Abbott signs bill SB 21
donationsIn addition to direct purchases, the reserve may grow through forks, airdrops, investment gains, or even public crypto donations
priorities.Texas becomes the third US state to approve a Bitcoin reserve law, joining Arizona and New Hampshire
Unlike those states, however, Texas is the first to commit public funds and establish a separate structure for Bitcoin holdings.Related:
Bitcoin reserve, stablecoin regulations big 2025 market catalysts, says VCPublic companies lead in Bitcoin adoptionA rising number of
capital through a private placement in public equity (PIPE) deal to buy more BTC.Last week, Paris-listed technology firm The Blockchain
Group also expanded its Bitcoin reserves with the purchase of 182 BTC for about $19.6 million, bringing its total holdings to 1,653 BTC.Over
