Texas has officially become the first U.S. state to acquire Bitcoin for a government strategic reserve, purchasing $5 million worth of the digital asset on November 20 at roughly $87,000 per BTC. The move was confirmed by Lee Bratcher, president of the Texas Blockchain Council, who said the initial allocation was executed through BlackRock’s iShares Bitcoin Trust (IBIT) while … [Read more...] about Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Texas launches Strategic Bitcoin Reserve
Texas has officially launched its Strategic Bitcoin Reserve , becoming the first U.S. state to commit public funds to Bitcoin with long-term legal protections in place. … [Read more...] about Texas launches Strategic Bitcoin Reserve
Texas to allow state banks to provide cryptocurrency custody to clients
Financial institutions with a state banking license could store copies of the customer’s private keys and accept digital currency transfers … [Read more...] about Texas to allow state banks to provide cryptocurrency custody to clients
SBI Holdings and GMO Internet to mine bitcoin at world’s largest crypto mining facility
The Japanese corporate giants SBI Holdings and GMO Internet are set to start mining bitcoin at the new crypto mining facility in Rockdale, Texas, according to Bloomberg sources. … [Read more...] about SBI Holdings and GMO Internet to mine bitcoin at world’s largest crypto mining facility