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Texas Moves Forward with Bitcoin Investment Bill Worth $250 Million

Summary by BTC PEERS
Texas House Bill 4258, which would authorize the state comptroller to invest up to $250 million in bitcoin from the state's "Rainy Day Fund," has been referred to the Delivery of Government Efficiency Committee. The bill was introduced on March 11, 2025, with bipartisan support from Democratic Representatives Ron Reynolds and Mihaela Plesa.The proposed legislation would allow investment of funds from Texas' Economic Stabilization Fund into bitco…
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Texas Moves Forward with Bitcoin Investment Bill Worth $250 Million

Texas House Bill 4258, which would authorize the state comptroller to invest up to $250 million in bitcoin from the state's "Rainy Day Fund," has been referred to the Delivery of Government Efficiency Committee. The bill was introduced on March 11, 2025, with bipartisan support from Democratic Representatives Ron Reynolds and Mihaela Plesa.The proposed legislation would allow investment of funds from Texas' Economic Stabilization Fund into bitco…

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BTC PEERS broke the news in on Thursday, April 3, 2025.
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