Texas Invests $10M in Bitcoin Strategic Reserve

• Lyla Velez
• November 26, 2025
• Investment
• 0 Comments

Texas has become the first U.S. state to allocate public funds for Bitcoin by investing $10 million into a Strategic Reserve through BlackRock’s Bitcoin Trust.

The move is significant as it represents state-level government involvement in cryptocurrency investment, potentially setting a precedent. Texas Adds $10M Bitcoin to Treasury for Strategic Reserve. Immediate industry reactions are cautious, waiting to see longer-term impacts on market stability.

Texas officials, led by the Comptroller of Public Accounts and the Strategic Bitcoin Reserve Advisory Committee, have implemented the Strategic Bitcoin Reserve. With a $10 million allocation, an initial purchase of $5 million through BlackRock’s iShares Bitcoin Trust was made.

Key figures, including Lee Bratcher of the Texas Blockchain Council, highlighted the reserve’s intent to ultimately self-custody Bitcoin. This initial investment strategy builds on existing legislative support, aiming to innovate state treasury operations.

“Texas will eventual self-custody bitcoin, but while that RFP process takes place, this initial allocation was made with BlackRock’s IBIT ETF.” – Lee Bratcher, President, Texas Blockchain Council

The impact of the purchase on the cryptocurrency market remains closely watched. Institutional adoption, similar to that by university endowments and international funds, could drive mainstream crypto acceptance. Further legislative moves could influence other states to adopt similar strategies.

This innovation may prompt regulatory and technological shifts. As cryptocurrency gains hold in state finances, experts project discussions on transparency, governance, and fiscal policy adaptations in the near future, influencing both market dynamics and regulatory frameworks.