CoinOtag
2025-11-25 23:05:06

Texas Pioneers Bitcoin Reserve with $10 Million Acquisition via BlackRock ETF

The Texas Bitcoin Reserve marks the first U.S. state to acquire Bitcoin as a strategic government asset, purchasing $10 million worth at around $87,000 per Bitcoin. This initiative, executed via BlackRock’s IBIT ETF, establishes a precedent for public institutions embracing digital assets in financial policy. Texas pioneers state-level Bitcoin adoption by creating a dedicated reserve [...]

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