bitcoin<\/a> exchange-traded fund, last week as part of a previously approved $10 million bitcoin allocation.<\/p>\nThis would represent the first use of funds authorized under SB 21, the law adopted in June and signed by Governor Greg Abbott, which allows the creation of a state-managed bitcoin reserve operated by the Texas Treasury Safekeeping Trust Company. Supporters of SB 21 said the reserve gives Texas the ability to evaluate bitcoin\u2019s performance compared to other long-term strategic assets.<\/p>\n
Lee Bratcher, president of the Texas Blockchain Council, noted that the purchase took place on November 20 and is the first transaction of this type carried out by a U.S. state. Texas authorities have not yet released official documentation confirming the move.<\/p>\n
According to the most recent 13F filing, the Texas Treasury Safekeeping Trust Company holds approximately $667 million in SPY and $34 million in a Janus Henderson fund. If the IBIT purchase is confirmed, it would become the third major position in the portfolio. Additional institutional interest, including from an Abu Dhabi sovereign wealth fund and Harvard, has contributed to rising demand for IBIT.<\/p>\n","protected":false},"excerpt":{"rendered":"
Texas has made its first allocation to the Texas Strategic Bitcoin Reserve, according to information released by the Texas Blockchain Council. The organization stated that the state executed a purchase of approximately $5 million in IBIT, BlackRock\u2019s bitcoin exchange-traded fund, last week as part of a previously approved $10<\/p>\n","protected":false},"author":2,"featured_media":34638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[5531,5532],"class_list":["post-34647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-en-2","tag-news-2"],"acf":[],"yoast_head":"\n
Texas Makes First Purchase for Its State Bitcoin Reserve<\/title>\n<meta name=\"description\" content=\"Texas makes a $5M IBIT purchase for its bitcoin reserve, marking the first bitcoin allocation by a U.S. state.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Makes First Purchase for Its State Bitcoin Reserve\" \/>\n<meta property=\"og:description\" content=\"Texas makes a $5M IBIT purchase for its bitcoin reserve, marking the first bitcoin allocation by a U.S. state.\" \/>\n<meta property=\"og:site_name\" content=\"Tradesilvania\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-26T10:01:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-19T09:32:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Ciprian Dobrescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ciprian Dobrescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/\"},\"author\":{\"name\":\"Ciprian Dobrescu\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e\"},\"headline\":\"Texas Makes First Purchase for Its State Bitcoin Reserve\",\"datePublished\":\"2025-11-26T10:01:44+00:00\",\"dateModified\":\"2025-12-19T09:32:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/\"},\"wordCount\":223,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp\",\"keywords\":[\"en\",\"News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/\",\"url\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/\",\"name\":\"Texas Makes First Purchase for Its State Bitcoin Reserve\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp\",\"datePublished\":\"2025-11-26T10:01:44+00:00\",\"dateModified\":\"2025-12-19T09:32:54+00:00\",\"description\":\"Texas makes a $5M IBIT purchase for its bitcoin reserve, marking the first bitcoin allocation by a U.S. state.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage\",\"url\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp\",\"contentUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp\",\"width\":700,\"height\":423},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tradesilvania.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Texas Makes First Purchase for Its State Bitcoin Reserve\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#website\",\"url\":\"https:\/\/www.tradesilvania.com\/en\/\",\"name\":\"Tradesilvania\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tradesilvania.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#organization\",\"name\":\"Tradesilvania\",\"url\":\"https:\/\/www.tradesilvania.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png\",\"contentUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png\",\"width\":1023,\"height\":138,\"caption\":\"Tradesilvania\"},\"image\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e\",\"name\":\"Ciprian Dobrescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g\",\"caption\":\"Ciprian Dobrescu\"},\"url\":\"https:\/\/www.tradesilvania.com\/en\/author\/ciprian\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Texas Makes First Purchase for Its State Bitcoin Reserve","description":"Texas makes a $5M IBIT purchase for its bitcoin reserve, marking the first bitcoin allocation by a U.S. state.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/","og_locale":"en_US","og_type":"article","og_title":"Texas Makes First Purchase for Its State Bitcoin Reserve","og_description":"Texas makes a $5M IBIT purchase for its bitcoin reserve, marking the first bitcoin allocation by a U.S. state.","og_site_name":"Tradesilvania","article_published_time":"2025-11-26T10:01:44+00:00","article_modified_time":"2025-12-19T09:32:54+00:00","og_image":[{"width":700,"height":423,"url":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp","type":"image\/webp"}],"author":"Ciprian Dobrescu","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ciprian Dobrescu","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#article","isPartOf":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/"},"author":{"name":"Ciprian Dobrescu","@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e"},"headline":"Texas Makes First Purchase for Its State Bitcoin Reserve","datePublished":"2025-11-26T10:01:44+00:00","dateModified":"2025-12-19T09:32:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/"},"wordCount":223,"commentCount":0,"publisher":{"@id":"https:\/\/www.tradesilvania.com\/en\/#organization"},"image":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp","keywords":["en","News"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/","url":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/","name":"Texas Makes First Purchase for Its State Bitcoin Reserve","isPartOf":{"@id":"https:\/\/www.tradesilvania.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage"},"image":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp","datePublished":"2025-11-26T10:01:44+00:00","dateModified":"2025-12-19T09:32:54+00:00","description":"Texas makes a $5M IBIT purchase for its bitcoin reserve, marking the first bitcoin allocation by a U.S. state.","breadcrumb":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#primaryimage","url":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp","contentUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp","width":700,"height":423},{"@type":"BreadcrumbList","@id":"https:\/\/www.tradesilvania.com\/en\/news\/texas-makes-first-purchase-for-its-state-bitcoin-reserve\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tradesilvania.com\/en\/"},{"@type":"ListItem","position":2,"name":"Texas Makes First Purchase for Its State Bitcoin Reserve"}]},{"@type":"WebSite","@id":"https:\/\/www.tradesilvania.com\/en\/#website","url":"https:\/\/www.tradesilvania.com\/en\/","name":"Tradesilvania","description":"","publisher":{"@id":"https:\/\/www.tradesilvania.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tradesilvania.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.tradesilvania.com\/en\/#organization","name":"Tradesilvania","url":"https:\/\/www.tradesilvania.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png","contentUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png","width":1023,"height":138,"caption":"Tradesilvania"},"image":{"@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e","name":"Ciprian Dobrescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g","caption":"Ciprian Dobrescu"},"url":"https:\/\/www.tradesilvania.com\/en\/author\/ciprian\/"}]}},"_links":{"self":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts\/34647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/comments?post=34647"}],"version-history":[{"count":1,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts\/34647\/revisions"}],"predecessor-version":[{"id":85734,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts\/34647\/revisions\/85734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/media\/34638"}],"wp:attachment":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/media?parent=34647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/categories?post=34647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/tags?post=34647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Texas](\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Texas-Makes-First-Purchase-for-Its-State-Bitcoin-Reserve.webp\")
<\/p>\n