Texas has become the first U.S. state to purchase Bitcoin for its treasury β on November 20, 2025, the state used public funds to buy $5 million worth of shares in iShares Bitcoin Trust (IBIT), a regulated Bitcoin ETF, at approximately $87,000 per coin.
This move follows the passage of the law establishing the Texas Strategic Bitcoin Reserve β under Senate Bill 21 β which was signed into law earlier in 2025, allowing the state to hold cryptocurrency as part of its long-term reserve assets.
The decision marks a new chapter in public-sector finance in the United States: by adding Bitcoin to its balance sheet, Texas signals growing institutional and governmental acceptance of cryptocurrencies as reserve assets β a shift that could influence other states to consider similar moves. 


me waiting for 12K #Bitcoin
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