Texas Buys Bitcoin Dip: $5M of the Allocated Budget of $10M

Texas has become the first state to purchase Bitcoin (BTC) as a hedge against inflation. Lee Bratcher, the President of the Texas Blockchain Council announced that the state bought $5 million worth of Bitcoin on November 20, 2025. Notably, the State announced that it allocated half of the budget meant to purchase Bitcoin to BlackRock’s … source: https://coinpedia.org/news/texas-buys-bitcoin-dip-5m-of-the-allocated-budget-of-10m/