Texas has just made crypto history with the first state-funded Bitcoin reserve

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Thanks to Gov. Greg Abbot signed Senate Bill 21 this weekend, Texas has just become the first U.S. state to create publicly funded Bitcoin reserves.

The ultimate goal of the “Texas Strategic Bitcoin Reserve” is to enhance the state’s financial resilience and become a hedge against inflation.

This news is not only optimistic about $BTC, but also the local infrastructure of Bitcoin. As more states consider holding #1 cryptocurrency, the demand for fast, scalable tools is unstoppable.

This is where Bitcoin 2 layer solutions (such as Bitcoin Hyper ($hyper) Shine Bright). They provide lightning-fast throughput, lower fees and smart contract capabilities for real-world $btc adoption.

Texas launches $10 million Bitcoin reserve independent of state

States like New Hampshire and Arizona passed similar laws. But Texas has taken a step further, providing a $10 million allocation to Texas’ strategic bitcoin reserves.

The new program’s stance stands out through independent operation. It can only be managed by the Texas Auditor’s Office and the three-member Crypto Investment Advisory Committee.

To protect the new bill, Abbott signed House Bill 4488 on June 21 to prevent routine “fund scans” from transferring reserves to the state’s general budget. Specifically, it highlights the intent of Texas hodl$btc.

It’s not just buying $BTC from the open market. The reserve can grow by airdrops, network forks, investment gains or public cryptocurrency donations.

To track its performance, the government will release a comprehensive report detailing the fund’s holdings every two years.

But as more and more governments and institutions adopt $BTC, on-chain congestion is bound to increase, putting the industry at risk.

Thankfully, Bitcoin Hyper (Hyper) is ready to deliver the speed and scalability required for the next wave of Bitcoin utilities.

Bitcoin Super Helps Resolve the Pain of $btc

Bitcoin Hyper ($hyper) will position itself as long-term upgrades are needed, and may now be more needed than ever before.

The network will be live streamed in Q3 2024, will include the wrapped $BTC and be fully integrated with Solana Virtual Machine (SVM). This will help it facilitate fast swaps, batch transactions and low fees even during peak usage.

The smart canonical token bridge will sync Bitcoin continuously with the 1st layer of Bitcoin. This will ensure that every action on the Layer 2 network remains secure, transparent and verifiable. Check out our guide to dig deep into the inner workings of $Hyper.

In Q4 2025, you can also expect to release the Bitcoin Super Developer Toolkit. This will allow developers to build everything from the loan platform to the Web3 game, while still anchoring on Bitcoin’s mainnet for additional security.

There is a 30% total supply dedicated to ongoing development projects, and as the ecosystem matures, you can expect regular updates and innovations.

Not surprisingly, whale buyers have noticed the long-term potential of the project, with three investing $749,000, $541,000 and $539,000 to invest in $hyper.

Each of these purchases helped it raise over $1.5 million in pre-sales immediately.

Join $hyper and get a 2,567% return

Texas not only holds Bitcoin, but also sets new standards. By funding $10 million in BTC reserves and protecting them from budgetary scope, the state bets on the future of cryptocurrency leaders as strategic assets.

This move is not only bullish, but also a turning point in BTC adopting $. It highlights the urgent need for fast, scalable infrastructure.

Thankfully, Bitcoin Hyper is built for the demands of tomorrow’s economy, enhancing the Bitcoin network at faster speeds, lower costs and seamless scalability.

You can buy $Hyper with pre-sale $Hyper via just $0.012. After listing on major exchanges, it is expected to reach $0.32 this year – a growth rate of 2,567% compared to current prices.

This is not investment advice. Be sure to do due diligence before making any investments – crypto prices can fall with the speed.

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