Texas invests $10 million in BlackRock Bitcoin ETF

2025-11-25 23:38

According to Odaily, Texas became the first U.S. state to purchase Bitcoin on November 20th, investing approximately $87,000 worth of Bitcoin. The Texas State Comptroller and the Treasury Department's investment team closely monitored the market. This initial investment was completed through BlackRock's IBIT ETF, and Texas will self-custody the Bitcoin in the future.

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