Texas is moving to integrate Bitcoin into its state reserves a strategic move supported by Senator Charles Schwertner. The state Senate recently passed SB 21 which would permit investment in Bitcoin as a hedge against economic instability. This legislation makes Texas a leader in the adoption of cryptocurrencies at the state level following a nationwide push.

Other states are also exploring similar investments New Hampshire’s House Bill 302 advanced with strong support allowing for up to 5% of public funds to be invested in Bitcoin and precious metals. Meanwhile Utah is on the brink of passing its legislation though the session’s end looms close which adds urgency to the proceedings.

These state-level actions align with President Donald Trump’s recent advocacy for a federal strategic crypto reserve that would primarily focus on Bitcoin. As states like Texas pioneer these initiatives the dialogue surrounding the use of cryptocurrencies in public finance continues to evolve positioning Bitcoin at the center of future financial strategies.