Texas Secures $5M in IBIT Shares in First Step Toward Bitcoin Reserve

Texas Secures $5M in IBIT Shares in First Step Toward Bitcoin Reserve

Texas Becomes First U.S. State to Buy Bitcoin — $10M Allocated to Strategic BTC Reserve

Texas has formally opened a strategic Bitcoin reserve, becoming the first U.S. state to allocate public funds toward BTC. On November 20, 2025, the state acquired Bitcoin exposure through the IBIT spot Bitcoin ETF, using an initial tranche of approximately $5 million as part of a planned $10 million allocation. Under legislation signed earlier this year, the State Comptroller is authorized to hold digital assets as long-term reserve instruments.…

Texas Launches $10 Million Bitcoin Reserve With ETF Buy

Texas has invested public funds in Bitcoin BTC by purchasing $5 million in iShares Bitcoin Trust (IBIT) shares, a spot Bitcoin exchange-traded fund (ETF) managed by BlackRock.

Texas Government Invests $5 Million in BlackRock's Bitcoin ETF

Texas Makes Major Bitcoin Investment, Eyes Self-Custody The Texas state government has taken a significant step into the cryptocurrency space by purchasing $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund (ETF), with plans to allocate an additional $5 million toward a self-custodied Bitcoin holding. The move underscores Texas’s evolving approach to digital assets, signaling increased institutional interest and potentia…

Texas buys the Bitcoin dip, acquiring $5M of BlackRock’s IBIT

The Texas government buys $5 million of BlackRock's Bitcoin ETF, and plans to eventually self-custody Bitcoin.