Lieutenant Governor Dan Patrick backpedals on past criticisms of mining and lists Bitcoin among the state’s legislative priorities.
Texas Lieutenant Governor Dan Patrick announced that the creation of a state Bitcoin reserve will be one of the top legislative priorities for 2025.
Among the 25 priority bills announced by Patrick, the “Texas D.O.G.E.” project stands out, along with proposals to strengthen the electrical infrastructure that could indirectly benefit the mining sector in the state. As the Governor himself clarified:
“Just because a bill is not in the top 40 doesn’t mean it’s not a priority. Hundreds of proposals will pass through the Senate, all important for Texas.”
Entrepreneur Mario Nawfal commented on the news:
In recent weeks, Texas has presented two distinct legislative proposals. The first, introduced by Representative Giovanni Capriglione, focuses on collecting Bitcoin through taxes, fees, and donations, with a requirement to hold them for at least five years. The second proposal, presented by Senator Charles Schwertner as Senate Bill 778, envisions the creation of a special fund, separate from the general revenue fund, that would allow the state to hold Bitcoin as a financial asset, with an investment limit of 1% of general revenue for purchases.
These bills signal growing institutional interest in Bitcoin, with Texas reaffirming its role as an innovation hub in regulation and adoption. The Texas initiative is part of a broader context where 15 U.S. states are working on laws to establish state Bitcoin reserves.
