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Texas approves Strategic Bitcoin Reserve and Investment Act
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Senate Committee Chairman Charles Schwertner emphasized Bitcoin’s growing role in financial markets, while industry leaders, including Pierre Rochard of Riot Platforms, backed Texas' Bitcoin reserve bill as a strategic investment during a February 18 hearing
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Speaking in favor of the bill, Rochard stated, “Bitcoin will continue to accrue long-term value, so now is the perfect time to make a strategic investment.”
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