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Texas Bets on Bitcoin: Lone Star State Launches Strategic Reserve With Taxpayer Funds - THE iBULLETIN

Texas just made its most high-profile crypto play yet. With Governor Greg Abbott’s signature at the end of June, the state now officially holds Bitcoin in a government-backed reserve — the first of its kind to use new public funds. It’s not a huge amount — just $10 million to start — but it’s a big statement. Bigger than the dollars involved is the message: Texas sees Bitcoin as a strategic asset, and it’s willing to put its money where its mout…

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Is the SPAC comeback for real? From Institutional Investor: Just two years after the SPAC (special purpose acquisition company) market was practically left for dead, these blank check companies are back with a vengeance. But can SPACs, whose shares since 2009 have lost about half of their value on ... Article link