Texas Invests $10 Million in Bitcoin, Embracing Digital Assets as State-Level Adoption Soars

Texas has taken a strategic step into the world of Bitcoin with an investment of $10 million. The state first invested $5 million in a BlackRock Bitcoin ETF and another $5 million will be used for direct Bitcoin custody. This move underscores growing adoption of digital assets at the state level, as Texas becomes one of the leading players in this new financial landscape.