Texas Bitcoin reserve plans shift from ETF to direct BTC custody
Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.
Why this matters
Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?
Crypto’s 2026 bear market has become an industry-wide shakeout. Projects are closing, companies are winding down, and owners are r...
Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails
Circle has acquired nearly 1,000 IBM blockchain patents as the USD Coin (USDC) issuer pushes deeper into the infrastructure connec...
Strategy hits a 5 week pause on Bitcoin, using $25M to quietly buy back its own discounted stock
Strategy (formerly MicroStrategy) has begun buying back its STRC preferred stock as the Bitcoin treasury company shifts more capit...
Liquid Staking Giant Lido Moves 8 Million ETH Onto New Validators to Ease Ethereum Network Load
Lido has activated the largest upgrade to its Core Protocol since Lido V2, and it starts by moving more than 8 million ETH onto Et...
Strategy Boosts USD Reserve to $3.75B After $525M Raise While Holding 843,775 BTC
Key Takeaways: The company raised its USD funds balance by $525 million or $3.75 billion, as high as ever before and it is the big...
Strategy extends bitcoin pause to five weeks, sells $544.5 million in MSTR as USD reserve hits $3.75 billion
Strategy bought no bitcoin for a fifth straight week, while raising its USD reserve to $3.75 billion and selling $544.5M in MSTR.