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Texas Governor Greg Abbott Signals Support to Sign Strategic Bitcoin Reserve Bill Establishing State-Level Bitcoin Reserve

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Updated May 24, 2025, 08:50 PM

Texas Governor Greg Abbott has publicly expressed his support for the Strategic Bitcoin Reserve (SBR) bill, signaling his intention to sign it into law. Abbott shared an article praising the SBR movement on his social media account, reinforcing his stance as an avowed supporter of cryptocurrency. The bill would establish Texas as a leader among U.S. states in holding Bitcoin as a strategic state-level asset. This move positions Texas, one of the wealthiest and largest states in the country, to formally incorporate Bitcoin into its financial reserves, marking a notable development in state-level cryptocurrency adoption.

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JUST IN: 🇺🇸 Texas Governor signals support for the Strategic Bitcoin Reserve bill, suggesting he intends to sign it into law

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Texas is positioning #Bitcoin as a state-level strategic asset. Governor Greg Abbott signals support for a bill to establish a Strategic Bitcoin Reserve.