Why Texas is buying Bitcoin from BlackRock before building a real reserve
Texas has taken the primary formal step towards changing into the primary US state to carry Bitcoin as a strategic reserve asset. On Nov. 25, Lee Bratcher, president of the Texas Blockchain Council, reported that the world’s eighth-largest economy, valued at $2.7 trillion, bought $5 million price of BlackRock’s spot Bitcoin ETF, IBIT. He added that…
