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VisitNumber of U.S. states proposing similar Bitcoin reserve legislation by end of 2025
None • 25%
1 to 2 states • 25%
3 to 5 states • 25%
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Official legislative proposals from other U.S. states
Texas Senator Proposes SB 778 to Establish State's First Strategic Bitcoin Reserve
Jan 15, 2025, 10:47 PM
Texas State Senator Charles Schwertner has introduced a bill, SB 778, aimed at establishing a Strategic Bitcoin Reserve for the state. The proposed legislation, if passed, would position Texas as the first state in the U.S. to create such a reserve. The reserve would involve the state stockpiling Bitcoin in ultra-secure cold storage. Schwertner's initiative is seen as a move to lead the way in integrating state treasuries with cryptocurrency, potentially setting a precedent for other states.
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13 or more states • 25%
1-4 states • 25%
5-8 states • 25%
9-12 states • 25%
0 other states • 25%
1-2 other states • 25%
3-5 other states • 25%
More than 5 other states • 25%
8 states • 25%
More than 12 states • 25%
9-11 states • 25%
12 states • 25%
0 states • 25%
1-2 states • 25%
3-4 states • 25%
5 or more states • 25%
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12 or more states • 25%
9-11 states • 25%
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Texas only • 25%
Texas and one other state • 25%
Texas and two other states • 25%
Texas and three or more other states • 25%
0-2 • 25%
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Texas • 25%
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Pennsylvania • 25%
Both Texas and Pennsylvania • 25%
No • 50%
Yes • 50%
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More than 5,000 BTC • 25%