This move in Texas is quite solid, switching directly from ETFs to holding outright, truly embodying the HODL spirit.

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CoinNetwork
CryptoWorld News reports that Texas is advancing its strategic Bitcoin reserve and plans to transfer approximately $10 million worth of Bitcoin from BlackRock's iShares Bitcoin Trust to directly held Bitcoin. On May 7, the Texas Comptroller of Public Accounts published a request for proposals seeking qualified companies. The proposal also requires secure asset storage and supports the buying and selling of Bitcoin. The selected company is expected to support this transition within 60 days after the contract is executed. Texas has also established a Strategic Bitcoin Reserve Advisory Committee to manage the reserve.
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