The Texas Senate has passed SB 21, a significant bill aimed at creating a strategic Bitcoin reserve, with a 25-5 vote, moving it to the Texas House. The bill, prioritized by Lieutenant Governor Dan Patrick, aims to position Texas as a leader in Bitcoin adoption amid economic instability. Support during the Senate Committee hearing included notable advocates like Pierre Rochard from Riot Platforms, who emphasized Bitcoin's long-term value. With the backdrop of national interest in Bitcoin reserves, this legislation reflects an evolving perception of Bitcoin in financial markets.
Bitcoin will continue to accrue long-term value, so now is the perfect time to make a strategic investment.
Bitcoin, referenced as digital gold by the US Treasury, has become a recognized asset in the financial markets.
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