Texas expands Bitcoin acquisitions for strategic reserve
Texas is expanding its public Bitcoin reserve by forming a new advisory committee to oversee future digital asset purchases. The state initially allocated $10 million to establish the Texas Strategic Bitcoin Reserve, with a first investment of $5 million in a Bitcoin ETF. Texas remains the only state using taxpayer funds for Bitcoin investments, while others have proposed similar initiatives without funding.
- ▪Texas is forming an advisory committee to guide Bitcoin and digital asset acquisitions.
- ▪The state allocated $10 million to create the Texas Strategic Bitcoin Reserve.
- ▪Texas executed its first investment of $5 million in BlackRock’s iShares Bitcoin Trust.
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Texas expands Bitcoin acquisitions for strategic reserve The Lone Star State is doubling down on its pioneering public Bitcoin reserve, forming a new advisory committee to guide future digital asset purchases. Share Add us on Google by Editorial Team May. 29, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Texas is pushing deeper into Bitcoin territory.
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