Big news from Texas! The state is thinking about putting some of its money into Bitcoin, a type of cryptocurrency. This isn't the first time they've tried; this is actually the *second* bill trying to make it happen.
- Texas might invest up to $250 million in Bitcoin and other cryptocurrencies.
- Smaller towns and cities could also invest, but only up to $10 million each.
- If approved, Texas would keep the Bitcoin for at least five years.
- Many other states in the U.S. are also looking into using cryptocurrency.
| Fact | Details |
|---|---|
| Amount Texas could invest | Up to $250 million |
| Amount cities/counties could invest | Up to $10 million |
| Minimum Holding Period | 5 years |
| Decision deadline | May 24th |
