Texas Bitcoin Reserve Bill Heads for Final Vote

On May 7, the House Committee on Delivery of Government Efficiency passed Senate Bill 21 (SB 21) in a 9-4 vote along party lines, moving it to the full House for final consideration.

The bill previously cleared the Texas Senate with a 25-5 vote on March 6.

If passed by the full House and signed into law, SB 21 would authorize the creation of the Texas Strategic Bitcoin Reserve, placing it under the control of State Comptroller Glenn Hegar. The legislation permits the comptroller to allocate funds into digital assets with a minimum market capitalization of $500 billion over the past 12 months.

Currently, only Bitcoin (BTC) meets that threshold, making it the primary candidate for the reserve.

Aligning With Broader State-Level Bitcoin Adoption

Texas is on track to become the third U.S. state to establish a formal Bitcoin reserve, following New Hampshire and Arizona, both of which passed similar laws in recent weeks. These measures reflect growing momentum among state governments to integrate Bitcoin into public financial strategies—not just as an investment, but as a potential hedge and strategic reserve asset.

Supporters of the bill say it represents a forward-looking move that aligns Texas with innovation and strengthens the state’s financial resilience in the face of global monetary shifts.

A floor vote in the Texas House will determine whether the bill proceeds to the governor’s desk for final approval.

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