Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million
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Texas Holds 197,844 IBIT Shares Ahead of Direct Bitcoin Shift
Key Takeaways BlackRock’s June 30 NAV values the position at approximately $6.62 million. The filing repeats a $7.602 million value that does not match the fund’s Q2 data. Texas plans to replace the temporary ETF holding with directly held Bitcoin. Texas Did Not Add to Its Q2 Position The Texas Treasury Safekeeping Trust Company’s Q2 Form 13F information table lists 197,844 shares of BlackRock’s iShares Bitcoin Trust ETF, or IBIT. Its amended Q…
CryptoSlate
BITRSSTexas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million
Texas kept its 197,844-share position in BlackRock's iShares Bitcoin Trust (IBIT) unchanged during the second quarter even as the stake's market value fell to about $6.62 million. The Texas Treasury Safekeeping Trust Company reported the same number of IBIT shares in its June 30 Form 13F as it did in an amended March 31 filing, showing no shares were sold during a quarter in which Bitcoin continued its 2026 decline. TTSTC is the state-created in…
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