Texas Establishes Strategic Bitcoin Reserve With Budget Investment Potential

A new law came into effect in Texas establishing a state-level Strategic Bitcoin Reserve, funded from the state budget. The reserve will use BTC as a hedge against inflation and economic risks.

Greg Abbott, Governor of Texas, signed SB 21 into law, initiating the creation of the autonomous Texas Strategic Bitcoin Reserve. The fund will be overseen by a five-member advisory committee, including the Texas State Comptroller and three appointed crypto investment experts.

The reserve may potentially include not only BTC but also other crypto-assets acquired or received through forks, airdrops, and donations. A mandatory condition is a minimum market cap of the assets — at least $500 billion over the past 12 months — effectively making Bitcoin the only cryptocurrency currently meeting the fund’s investment requirements.

According to the law, a report on the reserve’s status will be published every two years, including BTC holdings, valuation, and descriptions of management decisions. The law also permits temporary withdrawals from the fund to improve budget liquidity, but with mandatory repayment and interest compensation.

SB 21 is complemented by HB 4488, which guarantees that the reserve’s assets can’t be reallocated to the general state budget, protecting the fund from political decisions.

Previously, Max Krupyshev, CEO of CoinsPaid, predicted that in 2025, Bitcoin’s appeal as a governmental tool for reserve diversification and reducing dependence on traditional financial assets would only grow. At the same time, he highlighted the need for clearer regulation of cryptocurrency assets as a more urgent issue.

Texas became the third U.S. state to pass a law on a crypto reserve, following New Hampshire and Arizona. However, Texas is the first to establish a separate state entity and allocate budget funds for direct purchase and custody of Bitcoin, making BTC investment part of the state’s long-term financial strategy.

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