• Texas advances Bitcoin Reserve plans, positioning itself as a leader in digital asset adoption.
• Despite the low odds of a national reserve under Trump, state-led Bitcoin initiatives have gained momentum.

As the concept of a ‘Strategic Bitcoin [BTC] Reserve’ gains traction across the U.S., Texas is positioning itself at the forefront of digital asset adoption.

Lieutenant Governor Dan Patrick has announced a proposal to establish a Reserve for the state, designating it as one of his 40 priority bills for the 2025 legislative session under Senate Bill 21.

Texas makes a major move

Well, the push for a Bitcoin Reserve had already gained legislative backing in Texas, with state Senator Charles Schwertner introducing a bill on the 16th of January to support the initiative.

With this bill, Texas not only embraced financial innovation but also strengthened its position as a leader in the digital economy, setting a precedent for other states considering similar policies.

Remarking on the same, Schwertner said, 

“It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve. That’s why I filed SB 778, which, if passed and signed into law, would make Texas the first state in the nation to establish a Strategic Bitcoin Reserve. This would position our state at the forefront of the digital economy, driving growth and securing economic freedom for our great state!”

While some worry that Texas’ move toward a Bitcoin reserve could divert momentum from a potential national reserve, the state remains committed to accumulating BTC.

Lieutenant Patrick initially unveiled 25 priority bills for the 2025 legislative session, with plans to introduce 15 more.

However, only a handful of t

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Author: Ishika Kumari