Today in Crypto, Texas Governor Greg Abbott has officially allowed the creation of the Texas Strategic Bitcoin Reserve, Jan3 founder Samson Mow Eyes who expands the adoption of Bitcoin nation-state in Europe. Meanwhile, the company holding Bitcoin Nakamoto Holdings gained $ 51.5 million in fresh capital to buy more BTC.
Texas Governor signed to Bill adding Bitcoin to official reserves
Texas governor Greg Abbott signed Senate Bill 21 (SB21), who officially allows Creating Texas Strategic Bitcoin Reservea state -governed fund that will hold Bitcoin as part of long -term assets of the financial state.
The newly established reserve operates independently of the general Texas ark system and aims to strengthen the state’s financial stability while serving as a potential fence against inflation, according to the text of the bill.
Moreover, only properties with capitalization in the market over $ 500 billion are eligible for integration, a threshold currently identified only by Bitcoin (Btc).
The fund will be provided by the Texas Comptroller of public accounts and will be guided by an advisory committee of three crypto investment professionals.
Samson Mow wants Bitcoin to ‘All of Europe,’ receiving an invitation to France
Jan3 founder Samson Mow is looking at his views Ramping up Bitcoin Nation-State Adoption in Europe following a positive meeting with pro-bitcoin lawmaker Sarah Knafo.
“Looking forward to the start of a country-state Bitcoin Adoption Wave in France and perhaps all Europe,” Mow Says In an X post on Saturday, following his meeting with Sarah Knafo, a French member of the European Parliament, at the BTC Prague this week. They discussed plans to come up with a strategic bitcoin reserve for France and promote “friendly regulation” for possession.
Mow said Knafo invited his team to France. On the same day, Knafo confronted the meeting with Mow on his X account, Says“France should handle these issues.”
Nakamoto Holdings gets $ 51.5m to expand Bitcoin Treasury approach
Bitcoin Holding Company Nakamoto Holdings, founded by US President Donald Trump’s Crypto Adviser David Bailey, has That -secure $ 51.5 million in fresh capital Through a private placement in the public equity (pipe) deal, according to a statement from Merger Partner Kindlymd.
Bailey said the new funds have been raised in less than 72 hours, reflecting the growing appetite for Investor for Bitcoin’s Nakamoto (Btc) accumulation approach.
“The investor’s demand for Nakamoto is not strong -believers,” Bailey said. “We continue to take our approach to raise as much capital as possible to get as much bitcoin as possible.”
Financing, which is priced at $ 5.00 per portion, carries the total KindlyMD fund at approximately $ 563 million, and $ 763 million including changeable notes.
