Texas Invests $10 Million in Bitcoin, Signaling a Shift Towards Digital Gold

The Texas state government has taken a significant step towards embracing Bitcoin, acquiring $5 million worth of shares in BlackRock’s spot Bitcoin ETF and another $5 million for direct self-custody. This move, announced on November 20th by Lee Bratcher, president of the Texas Blockchain Council, highlights Texas’ commitment to incorporating Bitcoin into its financial strategy.