Loading...
Market
Will Texas acquire Bitcoin for the Strategic Reserve by mid-2026 if SB 778 passes?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Texas State Treasury or related government bodies
Story
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.
View original story
Similar markets
No • 50%
Yes • 50%
Yes • 50%
No • 50%
1,001 to 5,000 BTC • 25%
Less than 500 BTC • 25%
More than 5,000 BTC • 25%
500 to 1,000 BTC • 25%
Passed but not implemented • 25%
Still under consideration • 25%
Rejected • 25%
Passed and implemented • 25%
Both pass • 25%
Neither pass • 25%
Only Pennsylvania passes • 25%
Only Texas passes • 25%