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Senator Ted Cruz recently announced on social media platform X that he has invested in the cryptocurrency industry by purchasing three Bitcoin mining ASICs. The newly acquired miners have commenced operations in Iraan, Texas. Cruz expressed his enthusiasm, stating he is proud to be part of the growing community of Bitcoin miners in the state.
This move by Cruz underscores a significant endorsement of the cryptocurrency sector, reflecting a positive shift towards digital currency innovations in Texas. As a U.S. Senator, his active participation in Bitcoin mining could signal a broader acceptance and integration of blockchain technologies in traditional economic frameworks.