Texas becomes the first US state to invest $10 million in bitcoin
Texas has officially become the first state in the United States to invest $10 million in bitcoin. This important deal was concluded on November 20, 2025, under the leadership of Lee Bratcher, President of the Texas Blockchain Council. The investment is the result of more than 18 months of efforts by local authorities to create their own strategic bitcoin reserve, which aims to increase the state's financial stability.
Source Incrypted
Texas is currently in the process of selecting a company that will provide the technical infrastructure for storing bitcoin. It is also planned that the reserve will allow the addition of other crypto assets, although currently only bitcoin is eligible for the program. This step emphasizes the state's ambitions in technological development and its desire to introduce innovations into the public financial system.
