Texas has made history as the first U.S. state to purchase Bitcoin for its treasury. On November 20, the state acquired $10 million worth of Bitcoin, launching its Strategic Bitcoin Reserve. Texas Treasury’s Strategic Bitcoin Move The buy occurred via BlackRock’s spot Bitcoin ETF, IBIT, at an average price of $87,000 per BTC. In a recent
The post Breaking: Bitcoin Gains State Adoption as Texas Becomes First U.S. State to Purchase BTC appeared first on CoinGape.
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