Texas Bitcoin Reserve Advances, Awaits Final Approval

• Texas May Create Strategic Bitcoin Reserve
• SB21 advances to state governor for signature
• State seeks to integrate Bitcoin into public finances

The state of Texas has taken an important step by approving SB21, a bill that authorizes the creation of a Strategic Bitcoin Investment Reserve. The bill was approved in the House on third reading and now awaits the governor’s signature to become effective. At the time of publication, the price of Bitcoin was quoted at US$ 106.877, up 0,5% in the last 24 hours.

With this measure, Texas becomes the third US state to consider including Bitcoin in its long-term financial strategies. The aim of the legislation is to allow the state to purchase and hold Bitcoin as part of its strategic reserves, similar to how countries store gold as a hedge against their assets.

The proposal not only signals institutional acceptance of the largest cryptocurrency on the market, but also has the potential to remove thousands of units from active circulation. If enacted, the legislation could impact the asset's liquidity and influence the decisions of investors who follow the government's adoption of Bitcoin.

JUST IN: 🇺🇸 Texas passes Strategic Bitcoin Reserve bill in second reading. pic.twitter.com/WVpBgQG5h6

—Bitcoin Archive (@BTC_Archive) May 20, 2025

According to local lawmakers, the initiative represents an effort by Texas to align with technological advances and protect the state’s economic interests in the face of global monetary changes. SB21 passed with significant support in both legislative chambers, indicating strong political support for the adoption of cryptocurrencies in government spheres.

Texas, recognized for its economic relevance — being the eighth largest economy in the world if it were a country —, reinforces with this proposal its leading role in issues related to innovation and decentralized finance. The expectation now revolves around the governor's final decision, which could transform the state into a reference for the institutional adoption of Bitcoin in the United States.

The move follows a growing trend among state jurisdictions that are incorporating digital assets into their strategic plans, reinforcing Bitcoin's role as an instrument of economic diversification in the public sector.