{"id":216421,"date":"2025-06-22T09:07:19","date_gmt":"2025-06-22T14:07:19","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2025\/06\/texas-governor-signs-bill-adding-bitcoin-to-official-reserves"},"modified":"2025-06-22T09:07:19","modified_gmt":"2025-06-22T14:07:19","slug":"texas-governor-signs-bill-adding-bitcoin-to-official-reserves","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2025\/06\/texas-governor-signs-bill-adding-bitcoin-to-official-reserves","title":{"rendered":"Texas governor signs bill adding Bitcoin to official reserves"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/texas-governor-signs-bill-adding-bitcoin-to-official-reserves.jpg\"><\/a><\/p>\n<p>Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state\u2019s long-term financial assets.<\/p>\n<p>The newly established reserve operates independently of Texas\u2019 general treasury system and aims to strengthen the state\u2019s financial resilience while serving as a potential hedge against inflation, <a data-ct-non-breakable=\"null\" href=\"https:\/\/capitol.texas.gov\/tlodocs\/89R\/billtext\/pdf\/SB00021I.pdf#navpanes=0\" title=\"null\">according<\/a> to the bill text.<\/p>\n<p>Furthermore, only assets with a market capitalization exceeding $500 billion are eligible for inclusion, a threshold currently met only by Bitcoin (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state\u2019s long-term financial assets. The newly established reserve operates independently of Texas\u2019 general treasury system and aims to strengthen the state\u2019s financial resilience while [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,45],"tags":[],"class_list":["post-216421","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-finance"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/216421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=216421"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/216421\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=216421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=216421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=216421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}