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Texas advances state-level bitcoin reserve with BlackRock investment – TON BOT

Texas advances state-level bitcoin reserve with BlackRock investment

Texas has acquired $5 million of BlackRock’s iShares Bitcoin Trust as part of a $10 million initiative to create a state-level bitcoin reserve, potentially making it the first U.S. state to do so. Guidelines and custodian selection are being finalized for direct bitcoin holdings, with other states like Michigan, Wisconsin, New Hampshire, and Arizona also exploring government-level crypto reserves.


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