Bitcoin Reserve: Texas advances towards a new financial frontier

The creation of a Bitcoin reserve managed by the State is making great strides in Texas, marking an important development in the landscape of digital financial assets in the United States

The recent approval of Senate Bill 21 (SB 21) by the Texas House of Representatives has paved the way for a public investment in Bitcoin, representing a clear signal of institutional interest in this cryptocurrency.

Greg Abbott and the promotion of blockchain in Texas

The SB 21 provision authorizes the Texas State Comptroller to establish and manage a Bitcoin reserve. The law, in fact, allows the comptroller to invest in any digital asset with a market capitalization exceeding 500 billion dollars in the last year

At this moment, the only asset that meets these requirements is Bitcoin, thus consolidating its position of predominance in the sector.

The project was proposed in February 2025 by the Republican senator Charles Schwertner, representative of Georgetown

After receiving the green light from the Texan Senate with a vote of 25-5 on March 6, the SB 21 received support from the House with a wide majority, 101 votes in favor against 42 opposed, on the third reading

Now the ball is in the hands of the governor of Texas, Greg Abbott, who is called to sign the law or veto it. However, the prospect of a veto seems remote. Abbott, in fact, has already shown a strong interest in the world of digital assets

In 2021, the governor hosted the Texas Blockchain Conference and stated multiple times that Texas aims to become the leader in the blockchain and cryptocurrency fields

On Twitter stated that the State would be “#1 for blockchain & cryptocurrency,” emphasizing a favorable approach to digital innovation in public policies.

If Abbott were to approve SB 21, Texas would become the third U.S. state to legislate on Bitcoin reserves, following in the footsteps of New Hampshire and Arizona

This trend indicates a growing recognition of the strategic role of Bitcoin in state financial policies.

Trump’s strategy for Bitcoin and digital assets

The legislative initiatives to establish reserves in Bitcoin are not an isolated phenomenon. The Bitcoin Laws website indeed monitors as many as 47 bills dedicated to Bitcoin reserves in 26 US states, alongside 13 other similar initiatives at the federal level

This reflects a national movement towards the institutional recognition of digital assets as a strategic tool.

This legislative context fits perfectly within the political guidelines adopted by the federal government under the presidency of Donald Trump, re-elected in November 2024

Since his inauguration in January, Trump has initiated policies aimed at making the United States more welcoming towards criptovalute.

Among the most significant actions are the suspension of measures that limited the use of cryptocurrencies by banks, the appointment of cryptocurrency supporters in key regulatory roles, and, above all, the creation of a strategic reserve of Bitcoin.

On March 7, Trump officially signed an executive order titled “Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile”

This directive establishes an exclusive strategic reserve for Bitcoin, addressing the concerns of some industry sectors that feared a digital portfolio too diversified with other cryptocurrencies like XRP, SOL, and ADA.

In parallel, the order introduces the concept of a “Digital Asset Stockpile,” which is a broader reserve comprising various cryptocurrencies, aimed at giving further institutional dignity to the entire digital asset sector.

The adoption of reserves in Bitcoin by states like Texas and the push from federal bodies represent a paradigm shift

Cryptocurrencies are no longer just private investment or speculative tools. On the contrary, they are entering public financial strategies as long-term assets with growth potential and reserve value.

This evolution could attract further investments in the blockchain sector in the United States, strengthening the country’s role as a global hub of digital innovation.

Why the Bitcoin reserve is important for Texas and the USA

The interest in a Bitcoin reserve reflects a growing willingness to diversify public portfolios compared to traditional assets

Furthermore, Bitcoin, with its capitalization and global spread, emerges as a single recognized, secure, and relatively stable digital asset, ideal for reserve functions.

In the current political context, marked by the acceleration of economic digitalization under Trump’s presidency, these initiatives show how public institutions intend not only to regulate but also to invest actively in this new class of assets.

If Governor Abbott signs SB 21, Texas could become a model for other states interested in introducing digital reserves managed by the public administration

Beyond the financial value, this could improve the State’s position in terms of technological innovation and attractiveness for companies in the sector.

Furthermore, the approval will make Texas a strategic player in U.S. digital finance, helping to shape future public investment policies in cryptocurrencies.

The birth of the Bitcoin reserve in Texas marks an important step towards the integration of digital assets into public policies

Through targeted legislation and strong government support, Texas positions itself at the forefront of the national movement increasingly recognizing Bitcoin as a pillar of modern financial strategy

Future developments may confirm this trend, opening new opportunities for growth and stability for digital public investments.