According to the Securities Exchange Commission filing, Coinbase has moved its domicile from Delaware to Texas, and this change of domicile will not change the company's business operations and management structure.
Monet Bank, a small community bank in Texas owned by a billionaire political supporter of former US President Donald Trump, has officially entered the crypto lending business, positioning itself as an "infrastructure bank" focused on digital assets. "Monet is committed to being the leading Digital Asset Financial Institution Group, providing innovative and forward-looking solutions for the digital economy," according to its website. According to Texas official records, the bank...
"Texas is the first state in history to buy Bitcoin," said Dan Patrick, Texas's lieutenant governor. "I support President Trump and want to make Texas the hub of America's digital future."
Texas has become the first state in the US to allocate bitcoin exposure through a state-managed investment fund, buying about $5 million of the BlackRock IBIT ETF under its new SB 21 bitcoin reserve framework.
Texas became the first state in the United States to buy Bitcoin when it invested $10 million at about $87,000 on Nov. 20. The state comptroller and the Treasury investment team closely monitor the market. The initial investment was made through BlackRock's IBIT ETF, and Texas will host Bitcoin in the future.
Google plans to invest $40 billion in three new data centers in Texas, expanding its presence as rivals such as OpenAI and Anthropic PBC advance multibillion-dollar investment plans in the state. Google said in a statement on Friday that the investment will continue through 2027. One of the data centers will be located in Armstrong County, Texas, and the other two in Haskell County. One of the facilities in Haskell will be co-located with new solar and battery storage facilities to reduce the ne...
Coinbase (COIN. O): Leaving Delaware and re-registering in Texas. Delaware left us no choice.
According to Bitcoin Treasuries.NET monitoring, the latest report of the Texas State Teachers Retirement Fund shows that the fund holds 73,446 shares of Strategy (MSTR) stocks.
In April, stablecoin issuer Tether froze $44.7 million in USDT at the request of Bulgarian police. Now, Texas-based firm Riverstone Consulting has formally filed a lawsuit accusing Tether of illegally freezing its tokens and causing it to miss a major investment opportunity. On April 4, Tether froze the assets of eight offline wallets controlled by Riverstone, according to a complaint filed in the Southern District of New York. The company contends that Tether is only guaranteed...
Meta Platforms (META. O) will invest $1.50 billion to build a data center in Texas to support artificial intelligence workloads.