Bitcoin Universe: Daily Update

Bitcoin Soars Past $118K | Will Texas Hold Bitcoin in Reserve?


Listen Later

1. Bitcoin Surges to $118,000

Early Friday morning here in New York City, Bitcoin set a new all-time high of $118,000. The rally continues to be fueled by renewed investor appetite for risk, strong ETF inflows, and broader macro momentum.

2. Texas May Soon Hold Bitcoin in Reserve

Texas lawmakers passed SB 21, which would establish a strategic Bitcoin reserve at the state level. The bill authorizes the state to hold BTC in cold storage for at least five years. If signed by the governor, Texas will join Arizona and New Hampshire in recognizing Bitcoin as a long-term strategic asset.

3. Corporations Keep Adding Bitcoin to Treasury

Roughly 260 public companies now hold Bitcoin on their balance sheets — totaling nearly 850,000 BTC, a 23% year-over-year increase. Major holders include MicroStrategy, GameStop, and Tesla. Analysts say the surge reflects growing confidence in Bitcoin’s long-term role as a treasury asset.

🔗 Want to go deeper? Explore the original sources:

* Bitcoin ATH & rally driversYahoo Finance

* Texas Bitcoin reserve legislationHouston Chronicle

* Corporate BTC holdingsBarron’s

🎧 Listen to the full update — or scan the stories above to stay sharp and make your next move with confidence.

📩 New here? Subscribe for weekday Bitcoin briefings that cut through the noise.

Bitcoin Universe is for informational purposes only and does not constitute financial advice.



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit rossbrandbitcoin.substack.com
...more
View all episodesView all episodes
Download on the App Store

Bitcoin Universe: Daily UpdateBy Ross Brand