7 December 2025
Texas is taking a major step toward cryptocurrency by developing plans for a government-backed Bitcoin reserve after lawmakers passed Senate Bill 20 (SB 21) on second reading in the House on May 21.
With a stunning 105-23 vote, according to Texas Senate voting records, the bill received rare bipartisan support. It now heads to a third reading, where a final vote could send the bill to the governor for approval.
SB 21 aims to provide a Strategic Bitcoin Reserve (SBR), with Texas positioning itself as one of the few US states exploring direct exposure to Bitcoin at the state level. This is not only impressive, but also revolutionary. The implications of such a move are enormous. Texas, as the ninth largest economy in the world, with a value of $2,6 trillion, surpasses countries such as Russia, Canada, and Australia. A state-level Bitcoin reserve in such a powerful economy would mark a milestone for cryptocurrency adoption in the US.
Dennis Porter, Co-Founder and Chief Executive Officer of the Satoshi Action Fund, underscored the importance of moving this bill forward. He noted that Texas could soon become the third U.S. state to send a Bitcoin reserve bill to the governor, after New Hampshire and Arizona.
While third reading is expected soon, Porter suggested it is rare for a bill to fail at this stage. However, he added: “Every state is different.” This highlights the dynamics and unique decision-making within different states.
Ahead of the vote, lawmakers proposed a key change that would allow other digital assets to be included in the reserve, provided they meet strict requirements. To qualify, a digital asset must maintain a market cap of $500 billion for at least two years. That’s double the original 12-month requirement and raises the bar for acceptance.
Bitcoin Laws, a firm that focuses on Bitcoin policy, explained: “This means that an asset must maintain a minimum market value for an extended period of time, making it more difficult to qualify.” This update tightens the focus, with Bitcoin alone meeting the criteria. With a market cap of over $2 trillion, it is currently the only digital currency that meets the requirements.
“Who would have thought Bitcoin would become the superhero of the digital economy?” The future of cryptocurrency seems brighter than ever.
Be inspired by these developments and consider what this means for the future of digital assets! The time to get involved is now.
Is Texas the First State with a Bitcoin Reserve?
No, Texas could become the third state after New Hampshire and Arizona to pass similar bills.
What are the requirements for digital assets to be included in the reserve?
A digital asset must maintain a market value of $500 billion for at least two years to qualify.
What are the implications of a Bitcoin reserve for Texas?
The creation of a Bitcoin reserve would be a significant step for cryptocurrency adoption in the United States, especially in an economy of this size.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
