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Texas has become the first U.S. state to obtain bitcoin exposure with public funds, allocating $10 million to its new Strategic Bitcoin Reserve. Texas formally entered the bitcoin arena on Nov. 20, 2025, when officials deployed $10 million of surplus budget funds to acquire bitcoin exposure via Blackrock’s IBIT exchange-traded-fund (ETF). The buy stems from … Read more
A federal jury’s fraud conviction of a Texas mining founder underscores calls for transparency that are accelerating stronger safeguards, reinforcing investor confidence, and positioning legitimate bitcoin mining operations for growth despite revelations of customer deception. Federal Jury Finds Mining Founder Guilty in Multimillion-Dollar Crypto Fraud The U.S. Attorney’s Office for the Northern District of Texas … Read more
Coinbase’s strategic decision to leave Delaware and reincorporate in Texas marks a defining shift in America’s corporate landscape, positioning Texas as the nation’s emerging powerhouse for blockchain innovation and business freedom. Coinbase Relocates to Texas, Redefining US Corporate and Crypto Landscape Crypto exchange Coinbase (Nasdaq: COIN) announced on Nov. 12 that it will leave Delaware … Read more
Compass Mining has fully energized a ten-megawatt bitcoin mining facility in Texas, developed in partnership with ONMINE, to advance its vertical integration strategy. Texas Bitcoin Mining Facility Comes Online Through Compass, ONMINE Deal The project places Compass in control of day-to-day operations while introducing a shared revenue model and power-pricing risk assumption with the site … Read more
The Texas House passed Senate Bill 21 (SB 21) on Wednesday to create a state-managed bitcoin reserve, advancing it to Governor Greg Abbott’s desk for final approval or veto within 20 days. Cryptocurrency in State Hands: Texas Legislature Passes Bitcoin Reserve Bill The bill, titled the Texas Strategic Bitcoin Reserve and Investment Act, aims to … Read more
Texas is ramping up its crypto adoption, with a new bill allowing up to $250 million in public funds to be invested—solidifying its leadership in digital assets. Texas Bill Paves Way for $250M Crypto Investment The U.S. state of Texas is actively pursuing legislation to integrate bitcoin into its financial framework, with multiple bills aimed … Read more
The Texas Senate has passed a bill to establish a state-run bitcoin reserve—cementing the state’s crypto dominance and setting a precedent nationwide. Texas Senate Passes Bill to Establish State Bitcoin Reserve Lieutenant Governor Dan Patrick of Texas announced on March 6 that the Texas Senate had passed Senate Bill 21, establishing the Texas Bitcoin Reserve … Read more
