Bitcoin becomes the state: Texas opened reserves, Saylor gave a re -purchase signal
While the Governor of Texas signed the law that set up the official Bitcoin reserve of the state; Michael Saylor gave a clue for the new BTC purchase. On the other hand, the company was a lawsuit for billions of dollars of damage. Samson Mow was invited to France for Bitcoin -friendly strategies in Europe.
Michael Saylor blinked for a new Bitcoin purchase, and a lawsuit was filed for his company.
Bitcoin fell below $ 100,000 for a short time, while Microstrategy’s former CEO Michael Saylor gave a new BTC purchase signal in his sharing on X. Saylor shared a graph showing the company’s previous purchases with the note “Nothing Stops This Orange”. Such shares had been a harbinger of new purchases in the past.
However, in the same days, Saylor’s company and senior executives were prosecuted by an investor for abuse of duty by an investor due to BTC damage of $ 5.9 billion announced in the first quarter of 2025.
Microstrategy is currently the largest Bitcoin owner among the public companies:
📊 Total BTC Asset: 592.100 BTC
💰 Current value: about 59.7 billion dollars
Historical move from Texas: Official Bitcoin reserve was established
Texas Governor Greg Abbott signed a bill of law (Senate 21 - SB21), which includes Bitcoin in state reserves, opened a new page in the crypto history.
The newly established Texas strategic Bitcoin reserve will work independently of the state treasury and will only accommodate assets over $ 500 billion. Currently, this requirement only meets Bitcoin.
📌 The reserve will be managed by the Texas Finance auditor and will have a three -person independent crypto expert Advisory Board.
📈 Objective: Providing protection against inflation and increasing the financial endurance of the state.
Samson Mow: “Europe is ready for the wave of Bitcoin state”
Jan3 CEO Samson Mow met with Sarah Knafo, a member of the European Parliament at the BTC Prague event. After the meeting, Mow announced that France had a green light for Bitcoin reserve plans and received an invitation to its country.
🗣️ Knafo: “France should be leadership in these issues.”
Plans include creating a strategic Bitcoin reserve for France and spreading crypto -friendly arrangements.
🔍 The prominent:
Microstrategy’s case process has brought up the legal limits of publicly -open companies’ legal limits of BTC strategies.
Texas’s Bitcoin reserve decision was recorded as the first major step in the US BTC’s public treasures.
Samson Mow’s European plans show that the adoption of Bitcoin at El Salvador -like state level can spread to the West.
Bitcoin becomes a strategic being not only for individuals, but also for states and institutional structures. These developments in the United States and Europe can radically change the role of crypto currencies in the global economy.
