Texas lawmakers have finalized legislation establishing a Bitcoin reserve, shifting the state’s focus to solely utilizing Bitcoin for its monetary strategy. This decision reflects a cautious approach to cryptocurrency, prioritizing Bitcoin’s stability among digital currencies. While previous versions included provisions for staking and other cryptocurrencies, the final bill eliminates these elements, narrowing the Texas reserves’ scope to Bitcoin only. The Comptroller will oversee secure storage and ensure all actions comply with state legislation. The Senate approved the bill by a substantial majority, paving the way for funding through legislative appropriations, investment returns, and voluntary donations.