Texas officially passed the Strategic Bitcoin Reserve Act, joining the trend of national-level cryptocurrency reserves among key US states.
On June 22, 2025, Texas Governor Greg Abbott officially signed Senate Bill 21 (SB 21) — the Texas Strategic Bitcoin Reserve and Investment Act — into law, authorizing the establishment of a Texas Strategic Bitcoin Reserve and a state-level digital asset investment framework.
With this move, Texas becomes one of the first major U.S. states to formally legislate Bitcoin as part of its strategic financial reserves, marking a significant milestone in the evolution of state-level digital asset policy in the United States.
This development follows recent federal and state actions recognizing Bitcoin as a strategic asset, signaling a broader structural shift in how governments approach digital assets.
What Is SB 21?
Senate Bill 21 (SB 21), officially titled the Texas Strategic Bitcoin Reserve and Investment Act, grants the State of Texas legal authority to:
Establish a Strategic Bitcoin Reserve
Allocate state funds into Bitcoin and approved digital assets
Hold digital assets as part of Texas’ long-term financial strategy
Develop a regulatory framework for digital asset custody, management, and investment
By passing SB 21, Texas moves beyond regulation and supervision into direct participation in digital asset ownership.
This positions Texas among the most proactive U.S. states in digital asset adoption.
Why This Matters — Texas Is Not a Small Player
Texas is not just another state. It is:
The second-largest state economy in the U.S.
A major energy, technology, and financial hub
Home to significant Bitcoin mining infrastructure and blockchain companies
When Texas moves, markets pay attention.
The passage of SB 21 sends a powerful signal:
Bitcoin is no longer a fringe asset. It is entering the core of state financial strategy.
This elevates the significance of the legislation far beyond local policy.
From Regulation to Treasury Strategy
Historically, state-level crypto discussions have focused on:
Regulation
Tax treatment
Licensing frameworks
Consumer protection
SB 21 represents a clear shift:
Texas is moving Bitcoin from regulation into state treasury strategy.
This places digital assets directly within the state’s financial architecture, alongside traditional assets.
How This Connects to the Broader U.S. Policy Shift
The signing of SB 21 comes shortly after:
The U.S. federal government announced the establishment of the U.S. Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile via Executive Order
New Hampshire passed HB 302, becoming the first U.S. state to legislate a strategic Bitcoin reserve framework
Together, these developments illustrate a clear trend:
Federal recognition of Bitcoin as a strategic asset
State-level legislation enabling direct ownership and investment
Major economic states now entering the movement
This is not isolated experimentation. It reflects a coordinated evolution in U.S. digital asset policy.
