Texas governor signals support for Bitcoin reserve bill

Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve.In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers' efforts to create a Bitcoin BTC BTC - $108478.038 reserve. The story pointed out that the decision for the passage of SB 21, the bill in question, now rests on Abbott's shoulders, roughly three months after it was introduced.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-23 21:37:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $108478.038

Volume 24h: $66,699,822,108.02

Market Cap: $2,155,351,111,031.54

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,003. The last known price of Bitcoin is 108,335.84328272 USD and is down -2.50 over the last 24 hours. It is currently trading on 12185 active market(s) with $66,971,422,813.94 traded over the last 24 hours. More information can be found at https://bitcoin.org/.