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Unchained
2025-06-27
How Texas Got Bipartisan Support to Buy $10 Million Worth of Bitcoin
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About the episode

The state of Texas just passed a law that creates a $10 million strategic Bitcoin reserve.
Laura talks to Lee Bratcher, president of the Texas Blockchain Council, who helped drive this new law. He explains how bipartisan support made it possible, why this might be the start of a broader trend, and what’s next for public Bitcoin ownership in the U.S.
We get into:
The logic behind the $10 million number
Why custody and compliance are key
Whether California or Illinois could ever do something similar
And how other states are reacting

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