Acting Texas Comptroller Kelly Hancock Names Strategic Bitcoin Reserve Advisory Committee Members
16 Articles
16 Articles
$10M In Bitcoin: Texas Breaks From IBIT To Build Its Own BTC System
A public website showing real-time Bitcoin holdings and valuations will be required from whichever firm wins the contract — a transparency measure that sets Texas apart from most institutional holders. The state’s comptroller office released the requirement last Thursday alongside the announcement of a new advisory committee formed to guide the reserve’s operations. Going Direct Texas has been sitting on $10 million worth of BlackRock’s iShares …
With its own Bitcoin infrastructure, Texas is aiming for greater control over its reserves. The current ETF solution is to be replaced by direct custody. Source: BTC-ECHO
With its own Bitcoin infrastructure, Texas relies on more control over its reserves. The previous ETF solution is to be replaced by direct custody. Source: BTC-ECHO BTC-ECHO
Texas to Move Bitcoin Reserve from BlackRock IShares Bitcoin Trust ETF
Archyde The state of Texas, acting through its treasury mandate, is initiating a transition of its $10 million Bitcoin reserve from the BlackRock (NYSE: BLK) iShares Bitcoin Trust (IBIT) into direct, ... Read More The post Texas to Move Bitcoin Reserve from BlackRock IShares Bitcoin Trust ETF appeared first on Archyde.
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