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Reading: Crypto History in the Making: Texas Launched First State-Funded Bitcoin Reserve – $HYPER to Soar?
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The cryptonews hub > Blog > Market > Crypto History in the Making: Texas Launched First State-Funded Bitcoin Reserve – $HYPER to Soar?
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Crypto History in the Making: Texas Launched First State-Funded Bitcoin Reserve – $HYPER to Soar?

Crypto Team
Last updated: June 24, 2025 5:57 pm
Crypto Team
Published: June 24, 2025
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wp header logo 839 Crypto History in the Making: Texas Launched First State-Funded Bitcoin Reserve – $HYPER to Soar?

Texas has just become the first US state to create a publicly funded Bitcoin reserve, thanks to Governor Greg Abbot signing the Senate Bill 21 this weekend.

Not only is this news bullish for $BTC but also for Bitcoin-native infrastructure. As more states consider holding the #1 crypto, the need for fast, scalable tools is bound to skyrocket.

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This new initiative stands stands out from traditional state-owned reserves by operating independently. Only the Texas Comptroller’s office and a three-member crypto investment advisory board will manage it.

To protect the new bill, Abbott signed House Bill 4488 on June 21, preventing routine ‘fund sweeps’ from transferring reserve funds into the state’s general budget. Specifically, it highlights Texas’ intent to HODL $BTC.

To track its performance, the government will release a comprehensive report detailing the fund’s holdings every two years.

But as more governments and institutions adopt $BTC, on-chain congestion is bound to increase, which puts the entire industry at risk.

Bitcoin Hyper ($HYPER) is positioning itself as the Layer-2 upgrade Bitcoin has long needed, and will likely need now more than ever before.

In Q4 2025, you can also anticipate the release of the Bitcoin Hyper Developer Toolkit. This will let developers build everything from lending platforms to Web3 games, while remaining anchored to Bitcoin’s mainnet for extra security.

With 30% of the total $HYPER supply earmarked for ongoing developments, you can anticipate regular updates and innovation as the ecosystem matures.

Each of these buys has helped it raise over $1.5M on presale in no time.

Texas isn’t just holding Bitcoin but setting a new standard. By funding a $10M $BTC reserve and protecting it from budget sweeps, the state bets big on the crypto leader’s future as a strategic asset.

Not only is this move bullish, but it’s also a turning point for $BTC adoption. It highlights the urgent need for rapid and scalable infrastructure.

This isn’t investment advice. Always do your due diligence before making any investments – crypto prices can tumble as quickly as they jump.

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