This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Consent Selection
Details
  • Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

    • We do not use cookies of this type.

  • Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.

    • We do not use cookies of this type.

  • Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.

    • We do not use cookies of this type.

  • Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
    • __emg_sidPending
      Maximum Storage Duration: 1 dayType: HTTP Cookie
      __emg_vidPending
      Maximum Storage Duration: 1 yearType: HTTP Cookie
      nl-read-countPending
      Maximum Storage Duration: PersistentType: HTML Local Storage
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.

This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.

Please state your consent ID and date when you contact us regarding your consent.
NewsLayer.com
NewsLayer PulseLIVEBTC$71,865+11.62%ETH$2,281+18.89%SOL$87.11+12.66%XRP$1.16+15.46%DOGE$0.0771+10.19%ADA$0.1896+8.90%Total Cap$2.54T+10.54%Layer Index78 Greed
BreakingReplay Attack Alarm Grows as BIP-110 Backers Brand Bitcoin 'Spamcoin'

Crypto

Texas 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.

CryptoSlate

Publisher

Aug 16, 2026 at 12:00 PM UTC · 2 min de lecture

Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million
Image via CryptoSlate

Entities

bitcoin

Market Impact

BTC+11.62%$71,865

Last Updated

il y a 4 jours

Traduction…

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 investment manager that holds the Texas Strategic Bitcoin Reserve and oversees about $165 billion across state funds, endowments and other portfolios.

Texas previously allocated $10 million to the Strategic Bitcoin Reserve and used BlackRock's ETF as an interim vehicle while preparing to move toward direct Bitcoin custody.

The latest filing shows Texas maintained its ETF exposure rather than reducing it as Bitcoin prices fell.

BlackRock reported IBIT's net asset value at $33.48 per share on June 30, down from $38.62 at the end of March. That puts the 197,844 shares disclosed by TTSTC at about $6.62 million at quarter-end.

IBIT's NAV fell 13.31% during the quarter as Bitcoin declined 13.25% to $59,101.49 from $68,129.64, BlackRock said.

TTSTC's two regulatory filings, however, report both the share count and the stated value of the IBIT position as unchanged.

Market Context

Bitcoin

BTC

$71,816

+11.54% (24H)

Market Cap

$1.44T

24H Volume

$55.2B

24H High

$72,406

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

crypto

Related Coverage

CryptoTrump wants the US to become a Bitcoin whale, but Congress controls the walletil y a une heure · 6 min readMarketsMSTR, BMNR, COIN, CRCL Stock Extend Rally After Bitcoin Blasts Past $71K, Triggering $3B Liquidation Waveil y a 42 minutes · 3 min readCryptoWhat High Bond Rates Mean for Bitcoinil y a une heure · 6 min read
View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium