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Will Texas be the first US state to hold Bitcoin as a strategic asset by mid-2025?
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Texas•Bitcoin•Giovanni Capriglione•Strategic Bitcoin Reserve•Dennis Porter•Satoshi Action Fund•United States
Resolution / Starting Odds
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Public financial disclosures from the Texas state government or credible financial news outlets
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Texas Seeks to Become First State with Strategic Bitcoin Reserve; Lawmaker Capriglione Leads Effort
Nov 22, 2024, 05:52 AM
Texas lawmakers are initiating discussions to establish a strategic Bitcoin reserve, with legislator Giovanni Capriglione stating, "I want Texas to have a Strategic Bitcoin Reserve first." Dennis Porter, CEO of Satoshi Action Fund, is actively working on the legislation, emphasizing that the initiative could secure Bitcoin mining in the United States and protect against inflation. The proposed legislation aims to position Texas as the first state to hold Bitcoin as a strategic asset, potentially safeguarding the state's economic future against external pressures.
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California • 25%
Texas • 25%
New York • 25%
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Only Pennsylvania passes • 25%
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