Texas Governor Greg Abbott has signed a bill establishing a strategic Bitcoin reserve, making it the third U.S. state to do so. The reserve will be managed by the Texas Comptroller and is expected to involve investments of tens of millions of dollars into Bitcoin.
Congressman Nick Begich proposes the BITCOIN Act to diversify the U.S. balance sheet by acquiring one million bitcoins over five years. He emphasizes the need for the U.S. to lead in the digital economy and views bitcoin as a strategic reserve asset alongside gold.