History just dropped: Texas made the move. They're now the first U.S. state to hold Bitcoin on their balance sheet.
The purchase? 57 coins. The vehicle? A major asset manager's spot Bitcoin ETF. Total outlay sits at $5 million.
This isn't some crypto-native fund or tech startup—it's a state government allocating public funds into digital assets. The institutional adoption narrative just got a serious upgrade. When government entities start stacking sats through regulated products, the conversation shifts from "if" to "how much."
Texas leading the charge here sends a signal. Other states watching closely.
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LayerZeroHero
· 11-29 13:02
Wait, the state government is directly entering a position in Bitcoin? This is really different now, it has transformed from a retail investor's dream into a public funds game, feeling like a turning point is coming.
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ContractHunter
· 11-29 10:02
Wow, the state government is directly entering a position? This time the institutional narrative is really going to da moon.
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pumpamentalist
· 11-28 06:06
Wow, Texas has officially announced holdings of Bitcoin? It really feels like national-level recognition is here, and the turning point is right in front of us.
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MissingSats
· 11-28 05:14
Wait, the state government is directly buying Bitcoin? This is really different now, it feels like the floodgates are about to open.
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NoStopLossNut
· 11-26 13:49
Texas is moving so fast? 5 million stacked in 57 coins, this is officially verified now, the topic has skyrocketed from "whether or not" to "how many".
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MemeKingNFT
· 11-26 13:41
Oh my, the state government has started hoarding Bitcoin, this really is different now. Before it was just us suckers sweeping the floor on-chain, now it's Texas using taxpayer money to build consensus, ironic right?
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57 coins for 5 million, this move... is much more rational than when I rushed into NFT digital collectibles back in the day, haha.
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Wait, using an ETF instead of holding coins directly? This move by the big institutions is still a bit conservative, I'm actually a bit worried.
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Really, this must be the bottom signal. The government is coming in to catch a falling knife, market sentiment should reverse now.
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With Texas making this move, other states can't sit still. The rise and fall of the mainland, now it's Bitcoin being officially recognized.
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5 million sounds like a lot, but think about the scale of the state government... this is just the beginning, the time to go with the flow has come.
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GasFeeNightmare
· 11-26 13:26
This move in Texas is truly remarkable, buying 57 Bitcoins for 5 million, the government is directly getting involved... other states must be having sleepless nights now.
History just dropped: Texas made the move. They're now the first U.S. state to hold Bitcoin on their balance sheet.
The purchase? 57 coins. The vehicle? A major asset manager's spot Bitcoin ETF. Total outlay sits at $5 million.
This isn't some crypto-native fund or tech startup—it's a state government allocating public funds into digital assets. The institutional adoption narrative just got a serious upgrade. When government entities start stacking sats through regulated products, the conversation shifts from "if" to "how much."
Texas leading the charge here sends a signal. Other states watching closely.