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Texas launches cryptocurrency reserve with $5 million investment

Lawmakers created a state Strategic Bitcoin Reserve earlier this year and dedicated $10 million to investing in cryptocurrency.

The Texas Tribune · Dec 8, 2025

From Bullion to Bitcoin: Crypto Reserve Is Latest Fiscal Folly in Texas

Why?

Texas Observer · Feb 28, 2025

Texan Bitcoin miners profit by using less electricity; advocates say all Texans should get the same chance

Bitcoin miner Riot Platforms made headlines over the summer for making millions by selling pre-purchased power back to the grid. The news highlighted how the grid can benefit businesses more than consumers.

The Texas Tribune · Jan 3, 2024

Cryptocurrency miners line up to come to Texas, and rural counties are welcoming them

Eager to bring new jobs to their towns and boost their tax base, rural Texas counties are courting companies that produce cryptocurrencies.

The Texas Tribune · Oct 3, 2022

Limiting crypto helped the Texas power grid weather a heat wave

Cryptocurrency mining requires huge amounts of electricity, prompting concerns over the industry’s environmental impact — and whether the state’s grid can keep up.

The Texas Tribune · Jul 16, 2022

Bitcoin miners pause operations in Texas to curb blackouts

For miners eating the cost of a massive crypto nosedive, the temporary pause may actually be welcome.

Input · Jul 13, 2022

‘We do not want this’: Texas town group protests Riot Blockchain’s Bitcoin mining facility

Jackie Sawicky, 42, was scrolling Facebook in late April when she saw a video about a surprise economic development announcement by the city of Corsicana, Texas. Intrigued, she clicked to watch.

Tribune News Service · Jun 16, 2022

Here’s why crypto companies are flocking to Texas

Mance Harmon graduated from college in 1993 when the World Wide Web was just getting ripples, so he remembers the frustrations of trying to explain it to his parents. It didn’t make sense to them until they got an email account, but now, everyone intuitively understands the Internet, he said.

Tribune News Service · May 25, 2022