Everything's bigger in Texas… including the Bitcoin ambitions.

Lieutenant Governor Dan Patrick just revealed that Texas is going all-in on Bitcoin for 2025.

The Lone Star state is muscling its way into the biggest digital asset market, and it’s doing it in a big way. 

The Lone Star State's Big Bet

They're not just talking about buying a few coins but instead planning a full-blown state Bitcoin reserve. 

Senator Charles Schwertner's biting off a mouthful with Senate Bill 778, which would let Texas put 1% of its general revenue into Bitcoin. 

Do the math on that one (hint: general revenue was over $83 billion in 2024.) 

Representative Giovanni Capriglione's taking it even further and wants Texas to start collecting Bitcoin through taxes and fees, then diamond hand it for at least five years. 

It’s so wild seeing HODLing as a potential state policy.

Everyone Wants A Piece

Recall that Texas isn't the only state with Bitcoin fever. 

Arizona and Utah have already pushed their reserve bills through committees. 

Pennsylvania, Ohio, and Florida are all cooking up their own plans.

At least 15 states are working on similar laws, and the crypto arms race is officially on.

So why oh why is Texas so important?

Because Texas has been quietly positioning itself as America's crypto capital for a while now – Bitcoin miners love their cheap energy, tech companies are flooding in, and now they're going for the knockout punch with this reserve.

They're betting big that this move will do three things: hedge against inflation (because money printer still goes brrr), attract even more crypto companies (as if Austin needed more tech bros), and cement Texas as the place for digital innovation.

The Elephant In The Room

However, there are more than a few minor details to be worked out before things can be considered smooth sailing. 

For example, how exactly to handle Bitcoin's famous volatility with public funds. 

Do they sell at a loss when fiat is needed, or do they force HODL until a certain profit target?

Also, what do you do if the SEC ever reverses its course on crypto?

It’d be kind of awkward to be holding billions of dollars worth of now-not-so-legal tender on the public books. 

Oh, and let's not forget about security. 

Storing your own Bitcoin is one thing, but being responsible for an entire state's crypto reserves is another level of “your job is important.”

The Bigger Picture

Texas isn’t just trying to flex its muscle here – it already knows it's good at that. 

This is about states realizing that the future of money might not look like the dollars in your wallet.

We're watching the beginning of something huge, where states are building infrastructure around the future of digital assets and starting to treat it like a serious asset class in its own right.

Because when a state as big as Texas decides to build its own Bitcoin bank, that’s some bullishness worth betting on.