Texas Strategic Bitcoin Reserve
Bitcoin States
Texas established the first funded US state Strategic Bitcoin Reserve when Governor Greg Abbott signed SB 21 and HB 4488 on June 22, 2025. The reserve was initially funded with $10 million, and made its inaugural $5 million purchase in November 2025 via the BlackRock IBIT ETF at approximately $91,336 per Bitcoin. The legislation includes strong protections against future legislatures dismantling the reserve, and Texas's warm climate and cheap electricity make it the largest Bitcoin mining state in the US.
Details
- State
- Texas
- Income Tax
- No
- Abbreviation
- TX
- Reserve Amount Btc
- 54
- Notable Legislation
- SB 21 (2025), HB 4488 (2025)
- Bitcoin Mining Rights
- Yes
- Strategic Btc Reserve
- Yes
- Bitcoin Friendly Score
- very high
- Reserve Authorized Usd
- 10000000
More Bitcoin States
Arizona
Signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized assets. Does not authorize active purchases but establishes a framework for state Bitcoin holdings.
New Hampshire
Signed HB 302 into law allowing the state treasurer to invest in digital assets including Bitcoin. Known for its 'Live Free or Die' motto and libertarian leanings that align with Bitcoin values.
Texas
One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.
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