Texas has also allocated an additional $5 million for direct, self-custodied Bitcoin, signaling growing state-level adoption in the US. The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy. The government made the purchase on Nov. 20, with the move highlighted via X on Tuesday by Lee Bratcher, president of the Texas Blockchain Council.Bratcher said that the Texas government will eventually “self-custody Bitcoin,” but as it’s still finalizing the process, the initial $5 million “allocation was made with BlackRock's IBIT ETF.” Read more Texas has also allocated an additional $5 million for direct, self-custodied Bitcoin, signaling growing state-level adoption in the US. The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy. The government made the purchase on Nov. 20, with the move highlighted via X on Tuesday by Lee Bratcher, president of the Texas Blockchain Council.Bratcher said that the Texas government will eventually “self-custody Bitcoin,” but as it’s still finalizing the process, the initial $5 million “allocation was made with BlackRock's IBIT ETF.” Read more
Texas buys the Bitcoin dip, acquiring $5M of BlackRock's IBIT
Texas has also allocated an additional $5 million for direct, self-custodied Bitcoin, signaling growing state-level adoption in the US.
The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy.
The government made the purchase on Nov. 20, with the move highlighted via X on Tuesday by Lee Bratcher, president of the Texas Blockchain Council.
Bratcher said that the Texas government will eventually “self-custody Bitcoin,” but as it’s still finalizing the process, the initial $5 million “allocation was made with BlackRock's IBIT ETF.”
Read more
Market Opportunity
Major Price(MAJOR)
$0.12202
$0.12202$0.12202
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The Week Ahead: Trump Davos Speech and PCE Inflation Data Release This Week
TLDR Markets are closed Monday for Martin Luther King Jr. holiday, with a shortened trading week ahead President Trump will speak at World Economic Forum in Davos
Share
Coincentral2026/01/18 22:44
Questionable Report About Trump’s Federal Reserve Commitment
The post Questionable Report About Trump’s Federal Reserve Commitment appeared on BitcoinEthereumNews.com. Key Points: False report claims Trump’s Federal Reserve
Share
BitcoinEthereumNews2026/01/18 22:44
Solana (SOL) 200-Week EMA Acts as Critical Long-Term Trend Divider
The Real World Asset (RWA) sector on the Solana blockchain has also achieved a significant milestone, as the aggregate market cap of the sector has broken the $
Share
Tronweekly2026/01/18 21:55