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Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund

Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund

Texas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to invest an unlimited amount of money from the state’s fund into Bitcoin (BTC). SB 21 creates the Texas Strategic Bitcoin Reserve and lets the Comptroller buy BTC so long as the asset’s market cap exceeds [...]

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For further details, visit: https://zephyrnet.com/texas-could-potentially-invest-up-to-2-1b-in-bitcoin-if-it-allocates-10-of-its-treasury-fund/

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