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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Texas has also allocated an additional $5 million for direct, self-custodied Bitcoin, signaling growing state-level adoption in the US.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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